USD/JPY Outlook: Dovish BoJ Sends Yen To 1-Month Lows
June 14, 2024 at 06:46 AM EDT
The USD/JPY outlook weakens as BoJ said it would continue buying government bonds at the current rate. The dollar was strong due to safe-haven inflows from the Eurozone. The US PPI report showed softer-than-expected wholesale inflation.