• Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips

    Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips0

    • Asia
    • December 20, 2022

    Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past its peers after the Bank of Japan tweaked its ultra-dovish policy, drumming up hopes for an eventual pivot. The yen jumped 2.7% to 133.14 – its strongest level against the dollar in four months. The

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