USD/JPY Dips Towards 149.80 Amid Bank of Japan Member’s Comments

Thursday, 29 February 2024, 08:56
The USD/JPY pair slips to approximately 149.80 in European trading following a statement from Bank of Japan board member Hajime Takata. The market awaits the forthcoming US Personal Consumption Expenditures (PCE) data to gauge potential impacts on exchange rates.
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USD/JPY Dips Towards 149.80 Amid Bank of Japan Member’s Comments

USD/JPY Moves Lower

USD/JPY tumbles to around 149.80 during the European session after Bank of Japan (BoJ) board member Hajime Takata's hawkish remarks on Thursday.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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