RSS Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched

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 RSS Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched

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Yen resumed its broad-based rally during the Asian session, lifted by stronger-than-expected Tokyo inflation data. The accelerated inflation figures have reignited market speculation about another rate hike by BoJ as early as December. Overnight index swaps now suggest there is over 60% probability of a 25bps increase at this upcoming meeting. A key highlight from […]

The post Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched appeared first on Action Forex.
 
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