The Japanese yen (JPY=X) weakened against the US dollar on Friday after the Bank of Japan left its interest rates unchanged. The central bank signaled that...
) weakened against the US dollar on Friday after the Bank of Japan left its interest rates unchanged. The central bank signaled that it can take its time when deciding to hike rates again as its economy remains on track compared to the uncertainty in the US.
But they do have, you know, they have, they've got time on their side and particularly given that everyone else is cutting. So I've certainly heard the argument that yeah, with the fed now underway, everyone else can accelerate, but actually, I think the opposite might be true. Mm It's a good question because currency is never easy and I feel this year has been particularly rife with pivots and conflicting signals.
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