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The nominee hearings governor in Japan’s parliament for the next BoJ show Ueda toeing the dovish line. However, this may still result in a change to yield curve control in the coming weeks. For now, JPY has ticked slightly lower.
A financial market is a marketplace that lets you trade assets or derivatives at market prices. These prices are driven by the forces of supply and demand.
After a day of consolidation yesterday, as US Treasury yields start to drop again the USD is once more being sold. A more positive outlook to risk appetite is helping metals, equities and crypto.
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