Major currencies are little changed for the most part as the yen takes a breather after its central bank dropped a festive bombshell on markets yesterday.
Two words: policy divergence (read on to find out more).
But first, let's take a look at just how dismal the Yen's performance has been so far in 2022.
The Japanese Yen is now trading around a 20-year low against the US dollar.
Major currencies are little changed for the most part as the yen takes a breather after its central bank dropped a festive bombshell on markets yester...
JPY eurjpy Japanese Yen Bank of Japan yield curve control
Two words: policy divergence (read on to find out more).
But first, let's take a look at just how dismal the Yen's performance has been so far in 2...
JPY Japanese Yen USDJPY Bank of Japan negative interest rates yield divergence policy divergence FED FOMC Federal Reserve Fed rate hike Quantitative Easing Bond Yields bond selloff yield curve control