Yen weakened broadly today following the BoJ’s decision to leave interest rates unchanged, while significantly downgrading its growth projections for the current fiscal year. Inflation outlook was also softened, with risks of undershooting the 2% target increased, albeit slightly. This backdrop suggests that while BoJ remains on a slow tightening path, policymakers may take a […]
The post Yen Slides as BoJ Slashes Growth Outlook; Investor Resilience Faces ISM Test appeared first on Action Forex.
