Yen Weakens Ahead of BOJ Decision, Euro Faces Weekly Loss
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#142fda0b ver:0.93
The Japanese yen weakens ahead of the Bank of Japan's decision, while the euro faces a weekly loss due to political turmoil. The US dollar remains strong against most currencies, except sterling. The market is focused on the upcoming FOMC meeting and China's CPI and PPI data. The yen may receive support from higher-than-expected Japanese PPI data, but the interest rate divergence between the US and Japan undermines it. The BOJ is expected to maintain rates but could reduce bond purchases. Major currencies struggle against a stronger dollar. #Forex #BOJ #USD #Euro #Yen...
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