Breaking
Posted 5 hours ago
Bank of Japan Hikes Rates 25bps to 1.00%, Highest Since 1995
The Bank of Japan raised its policy rate by 25 basis points to 1.00%, the highest level since 1995. The BOJ signaled further hikes remain possible as inflation pressures build, with Japan's economy tracking largely as expected.
USD/JPY is the primary pair to watch, though early price action is muted at under 30 pips range. The hawkish BOJ tone could fuel JPY strength if traders price in additional tightening, making USD/JPY a key pair for short-term setups.
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