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Top News In Boj Ueda Today - Breaking & Trending Today
The GBP/JPY plummets more than 2.30% courtesy of comments by the Bank of Japan (BoJ) Ueda, which ultimately dragged the pair to an eight-week low of 178.53 before reversing toward the current exchange rate. ....
The Bank of Japan has effectively removed its yield cap in response to an unexpected surge in U.S. Treasury yields and entrenched cost-push inflation, sending its strongest signal yet that it is preparing to unwind monetary stimulus to come more into line with its global peers. ....
The Bank of Japan will debate a tweak to its yield cap program at its policy-setting meeting ending Tuesday, sources familiar with the matter say. ....