Japanese Yen: BoJ guidance key after Fed move – OCBC

OCBC strategist Christopher Wong writes that USD/JPY climbed after the FOMC as front-end US yields rose and the US Dollar (USD) strengthened. He says markets expect a 25bp BoJ hike to 1.25%, with focus on Governor Ueda’s guidance on further normalisation.
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Eurozone Core Harmonized Index of Consumer Prices (YoY) in line with expectations (2.4%) in August

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