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Japanese Yen stands tall near one-month top against USD on hawkish BoJ talks

https://www.mitrade.com/insights/forex-analysis/usd/fxstreet-USDJPYEURJPYGBPJPYJPNUSDOLLARF-202403111416

■ The Japanese Yen continues to draw support from expectations for a hawkish BoJ pivot.

■ Bets for a June Fed rate cut undermine the USD and further exert pressure on USD/JPY.

■ An upward revision of Japan’s Q4 GDP print contributes to the offered tone on Monday.