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Yen Weakens Amid BoJ's Dovish Signals, S&P 500 Poised to Break Through 5000 Milestone

Japanese Yen declines broadly in today's Asian session, reacting to dovish remarks made by BoJ Deputy Governor. The official's commentary emphasized a cautious approach to monetary tightening, highlighting that even with exit from negative interest rate policy, the pace of interest rate hikes would remain measured. ....

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Dollar Rises on Relative Yield Strength and Economic Optimism

Dollar rises broadly in early US session, standing out in a day characterized by relatively slow news flow. The move in the greenback can be primarily attributed to the rise in US benchmark yields, which outpaced those of other regions, thereby bolstering the greenback's appeal. ....

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