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The dollar weakened to 111 yen today as investors waited for the Bank of Japan (BOJ) to change its monetary policy at this week's meeting [19659002] at 22:14. 0.08 percent to 110.94 yen, while the euro rose 0.38 percent to 129.94 yen and rose 0.49 percent to settle to 1.1713 dollars. The dollar index was down 0.39% to 94.31
Investors did not want to trade large volumes before the BOJ meeting on 30-31.
The dollar rebounded against the yen early in the session. It was bought by importers from Japan. Meanwhile, the rise of the Chinese stock market has increased the demand for risky asset holdings. And a support factor for the dollar.
however. The Japanese stock market fell
In addition, forecasts that the BOJ will reduce its monetary easing this week. It is expected that the gap between the United States and Japan will decrease. The dollar / yen pushed
at the same time. Investors are monitoring the Federal Reserve (FYC) monetary policy meeting from 31 July to 1 August. The Fed should keep interest rates unchanged at
. The Fed expects the Fed to raise twice this year in September and December
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