May Day: Dovish Hold by BOJ and Broadly Firmer Dollar
Marc Chandler
May 01, 2025
Overview: The US dollar is mostly firmer in thin May Day turnover. The Japanese yen is the weakest of the G10 currencies following what is seen as a dovish hold by the Bank of Japan, which cut growth forecasts, shaved inflation projections, and delayed reaching its inflation target on a sustained basis. The market downgraded the chance of another …
May Day: Dovish Hold by BOJ and Broadly Firmer Dollar
Reviewed by Marc Chandler
on
May 01, 2025
Rating:
Reviewed by Marc Chandler
on
May 01, 2025
Rating:
