RSS USD/JPY: Chance of a rate hike at the next MPC – OCBC

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 RSS USD/JPY: Chance of a rate hike at the next MPC – OCBC

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USD/JPY continued to hover near recent highs. BOJ Governor Ueda reiterated that BOJ will raise policy rate if economic conditions continue to improve this year. Pair was last seen trading at 157.63, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
 
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