Jinshi data, September 20 news, due to the prospect of further interest rate hikes by the Japanese Central Bank, the yen strengthened against other G10 and Asian currencies in early trading. Alvin T. Tan, head of Asian forex strategy at the Royal Bank of Canada (RBC) Capital Markets, said in an email that the August CPI data released earlier indicated that the recent trend was "quite active." Tan said this could keep the Japanese Central Bank on track for policy normalization. In addition, as risk sentiment further recovers, the Japanese Central Bank may be eager to continue raising interest rates.
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RBC: Ağustos enflasyonu, Japonya Merkez Bankası'nın politikalarını normalleştirme yolunda tutmasına neden olabilir
Jinshi data, September 20 news, due to the prospect of further interest rate hikes by the Japanese Central Bank, the yen strengthened against other G10 and Asian currencies in early trading. Alvin T. Tan, head of Asian forex strategy at the Royal Bank of Canada (RBC) Capital Markets, said in an email that the August CPI data released earlier indicated that the recent trend was "quite active." Tan said this could keep the Japanese Central Bank on track for policy normalization. In addition, as risk sentiment further recovers, the Japanese Central Bank may be eager to continue raising interest rates.