Japanese Yen Weekly Forecast: Will Japan's Wage Growth Signal a BoJ Rate Hike?

Recession fears and BoJ rate hike expectations sent USD/JPY tumbling 1.71% last week, falling to the lowest level since the 2024 Yen carry trade unwind. The pair briefly climbed to a high of 151.03 before plunging to a low of 146.935.
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