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Yen’s rally accelerates again in Asian session today, driven by stronger-than-expected PMI services data, which bolsters the argument for a BoJ rate hike next week. While opinions vary on the exact timing of the rate move, with some economists forecasting a move in September or October, all would agree that an early hike this month […]

The post Yen Jumps as Strong PMI Boosts BoJ Hike Hopes; Canadian Dollar Eyes BoC Cut appeared first on Action Forex.

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