Currency strategists have had a radical rethink on the trajectory of the yen in the wake of the Bank of Japan’s interest rate hike in July and the Federal Reserve’s recent signaling of looming cuts to US borrowing costs.
(Bloomberg) — Currency strategists have had a radical rethink on the trajectory of the yen in the wake of the Bank of Japan’s interest rate hike in July and the Federal Reserve’s recent signaling of looming cuts to US borrowing costs. Read More