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💱 Yen Loses Steam — Traders Eye BOJ and Politics
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After an early rally, the yen slipped 0.2% to ¥147.52 per USD, as traders weigh potential BOJ tightening and political shifts from Japan’s upcoming leadership vote.
The central bank has hinted at a possible policy tweak, but investors aren’t convinced yet. With inflation cooling and exports slowing, the yen’s next big move may depend on who takes power in Tokyo — and how the BOJ reacts.
