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Forex Preview: 20/09/2022 – Bank of Japan unlikely to throw life jacket to sinking yen

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Faced with stubbornly low inflation, the Bank of Japan is now the only major central bank not tightening policy. There is little appetite for any strategy changes when the BoJ meets on Thursday and even if the government resorts to FX intervention, it won’t be enough to turn the tide in the sinking yen. Of course, some caution is still warranted as ‘short yen’ is already a crowded trade.

0:00 Intro
0:13 Bank of Japan meeting
2:34 Japanese yen

For more information on the topics discussed in this video, including detailed charts and tables, read the full Forex Preview article:

Bank of Japan unlikely to throw life jacket to sinking yen – Forex News Preview
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