Yen Reverses Hard as Market Doubts BoJ Urgency, Dollar Retains Momentum

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Yen’s sharp intraday reversal became the central focus in FX markets today, as traders reassessed BoJ’s latest policy guidance and economic projections. While initial positioning leaned toward hawkish interpretations, especially after last week’s US–Japan trade breakthrough, sentiment quickly pivoted as markets leaned into a more dovish read of BoJ’s inflation outlook. On the one hand, […]The post Yen Reverses Hard as Market Doubts BoJ Urgency, Dollar Retains Momentum appeared first on Action Forex.