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Posted by
Two Blokes Jun 23 -
Filed in
Forex
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The Japanese Yen (JPY) continues with its relative underperformance against a firmer US Dollar (USD) for the third straight day and drops to the lowest level since May 14 during the Asian session on Monday. The Bank of Japan's (BoJ) preference to move cautiously in normalizing still-easy monetary policy forced investors to push back their expectations about the likely timing of the next interest rate hike to Q1 2026.
