Yen Tumbles After Nominations of Dovish Officials to Bank of Japan

The Japanese Yen tumbled after reports that Takaichi nominated two prominent doves to the Bank of Japan, following earlier concerns expressed by the Prime Minister.

25 Feb, 18:40 — 25 Feb, 18:40

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zerohedge1d ago

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ It's not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning, the highest since Feb 9, after the Takaichi administration announced two nominees to succeed the outgoing BoJ Policy Board members later this ye...

By Tyler Durden

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Yen Tumbles After Nominations of Dovish Officials to Bank of Japan

Read at source (1 outlet)

Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ

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