BOJ Delivers, Sending Greenback To Almost JPY150; Now Over The To Federal Reserve
July 31, 2024 at 10:17 AM EDT
A 15 bp hike by the BOJ and plans to halve its bond purchases by the end of FY25 (in March 2026), coupled with a hawkish press conference by Governor Ueda sent the dollar to nearly JPY150, its lowest level in four months.