The Japanese Yen has had a tough start to 2024 but will consolidate and avoid a repeat of 2023's weakness as the Bank of Japan remains set to exit its Negative Interest Rate Policy (NIRP).

February 6,2024

The Japanese Yen extended recent strength against the Dollar, Pound and Euro after the minutes from the most recent Bank of Japan meeting signalled an intention to raise interest rates.

January 31,2024

The Bank of Japan might not have exited Negative Interest Rate Policy in their January meeting, but all signs point to a rate hike falling within the first half of the year.

January 23,2024

The Japanese Yen was softer across the board after Japan reported inflation numbers that offered little incentive for the Bank of Japan to exit its Negative Interest Rate Policy (NIRP).

January 19,2024

Deutsche Bank says the conditions for a big dollar downtrend have not yet been met, even if the Fed cuts as much as the markets currently anticipate.

January 11,2024

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