USD-JPY

Noted economist Mohamed A. El-Erian highlighted concerns regarding the Yen’s exchange rate against the dollar, emphasizing the potential implications for the Bank of Japan’s monetary policy. What Happened: El-Erian, in his tweet, pointed out that the Yen’s exchange rate against...

This Friday morning, Japan’s annual inflation rate is set to reveal a fresh decline, catching many off guard, as it unexpectedly dropped to 3.2% in May 2023 from the prior month’s 3.5% peak, missing market forecasts of 4.1%. The slowdown is evident across various sectors, with furniture...