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07 Sept 2026 · 16:37 GMT+3

Japanese Yen hits six-and-a-half-month high on hawkish BoJ bets

USD/JPY extends its steep decline on Monday as the Japanese Yen (JPY) rallies against the US Dollar (USD), supported by hawkish Bank of Japan (BoJ) expectations, capital repatriation and the unwinding of Yen-funded carry trades.

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