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Japanese yen hits six-week high after hot inflation reading drives rate increase bets - MarketWatch

Market Watch • 402 days

USDJPYNIK
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Information

Speculation that the Bank of Japan was headed for a December interest rate increase after a hot infl...

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Economic

Expectations around interest rates directly influence USDJPY valuations.

FAQ

Why Bullish?

The market's expectation of a BoJ rate hike strengthens the yen against the dollar, similar to past rate tightening cycles.

How important is it?

Expectations around interest rates directly influence USDJPY valuations.

Why Short Term?

Immediate market reactions are based on upcoming monetary policy decisions, such as the January meeting.

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