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Yen Weakens as BOJ Summary Damps Bets for Back-to-Back Rate Hike

Source: Bloomberg

Monetary PolicyCurrency & FXInterest Rates & Yields

The yen weakened against the U.S. dollar after the Bank of Japan's September meeting summary failed to signal that policymakers are preparing another interest-rate move this month. The lack of a clearer hawkish indication disappointed investors positioned for further BOJ normalization, pressuring the currency.

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