Yen tumbles broadly today after Nikkei newspaper reported, quoting unnamed source that current BoJ Deputy Governor Masayoshi Amamiya was approached by the government to take over Governor Haruhiko’s job. The news was seen as bearish for the currency, as Amamiya would likely stick with the current ultra-loose monetary policy, comparing to a hawkish alternative. Nevertheless, […]
The post USD/JPY extend rebound on BoJ Amamiya rumor, more upside ahead appeared first on Action Forex.
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