Posted 1/19/2024, 9:35:00 AM
Yen Rallies Ahead of Bank of Japan Meeting as Markets Eye Potential Policy Shift
- USD/JPY climbs to 8-week high ahead of Bank of Japan meeting on Tuesday
- Speculation that Bank of Japan may discuss ending negative interest rate policy
- Markets exercising caution ahead of weekend given potential Middle East developments
- Investors looking forward to central bank meetings next week - Bank of Canada, European Central Bank
- Bank of Japan meeting garnered attention given yen performance and implications for currency markets