US Dollar jumps higher after Bank of Japan delivers dovish hike

The US Dollar (USD) jumped firmly in the green on Tuesday, giving a big thank you to the Japanese Yen. The Yen, which accounts for roughly 13% of the US Dollar Index (DXY), depreciated nearly 1% against the Greenback after the Bank of Japan
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USD/JPY: Yen selling unlikely to persist – MUFG

Economists at MUFG Bank analyze Japanese Yen (JPY) outlook after the Bank of Japan (BoJ) policy announcement.
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