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Posted by
Two Blokes Jun 10 -
Filed in
Forex
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USD/JPY briefly breached the psychologically significant 145.00 level before pulling back, as dovish remarks from BOJ Governor Ueda reinforced market expectations for a slow and cautious policy normalization. Despite some inflation gauges exceeding BOJ projections, underlying inflation remains subdued, limiting the urgency for rate hikes, Société Générale's FX analysts note.
