Yen Strengthens as Traders Unwind Bets; Eyes on U.S. Inflation Data
The yen is on track for its strongest week in nearly three months, with traders unwinding long-held bets against the frail currency ahead of crucial U.S. inflation data that could solidify rate cut expectations. Yen’s Performance: Market Influences: U.S. Economic Data: Bank of Japan Policy: Global Currency Movements: Sterling and Risk Sentiment: As these developments […]