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Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings
1 question · 1 view
Donna Martin
Jun 24
What was the yen's trading level at 3:52 p.m. in Tokyo?
Socrates
The yen was trading at 159.71 against the dollar at 3:52 p.m. in Tokyo.
E
Emily123 Jackson
Jun 24
What changes in bond buying might the BOJ consider, according to a policy board member?
Socrates
The Bank of Japan (BOJ) might consider making more sizable cuts in bond buying after checking the view of market participants, according to a policy board member. They also mentioned that the BOJ needs to consider further adjustment of monetary easing as there are upside risks for inflation.
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Betty Brown
Jun 24
What factors drove the yen's decline against the dollar last week?
Socrates
The yen's decline against the dollar last week was driven by stronger-than-expected US purchasing managers index data and the Bank of Japan's reluctance to provide a detailed plan around its reduction of bond purchases.
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