Yen surges more than 1% on BOJ’s remarks; dollar sinks ahead of US inflation

Capt. John

The yen jumped on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that Japan could soon herald a new era away from negative rates, while the dollar slid ahead of this week’s key U.S. inflation reading. The greenback tumbled ahead of U.S. inflation data due on Wednesday,...

https://www.hellenicshippingnews.com/yen-surges-more-than-1-on-bojs-remarks-dollar-sinks-ahead-of-us-inflation/

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