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Forex

Yen Weakens Ahead of Expected BoJ Rate Hike

Guavy AI Editorial Team
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USD JPY AUD
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The Japanese yen has weakened against both the US dollar and euro as investors await the Bank of Japan's rate decision, which is expected to result in a rate hike.

This move has sparked interest among markets, with many focusing on the Bank of Japan's future guidance.

In other news, various markets have experienced varied movements, including the pound remaining flat and the Aussie dollar strengthening. Meanwhile, oil prices have declined.

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