Japanese Yen Hits Fresh Lows Against Dollar as Market Awaits Bank of Japan Decision
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#080c8e6b ver:1.9

The Japanese Yen has hit a fresh 34-year low against the US Dollar as the market awaits the Bank of Japan's decision. Expectations of a possible interest rate hike are high, but the BoJ has a history of disappointing hawkish expectations. The wide interest-rate differential between Japan and the US continues to weaken the JPY. Traders are also awaiting the US Q1 GDP report for cues on the next move for the USD/JPY pair. The Dollar is trading on the back foot as it awaits GDP and PCE data. #Forex #USDJPY #BoJ #InterestRates...

#newstr #JapaneseYen #UsDollar #BankOfJapan #InterestRates #Inflation #UsQ1Gdp #PersonalConsumptionExpenditures #WallStreet #Gold 

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