USD/JPY Surges on Dovish Remarks from New Japanese Leader

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The USD/JPY pair surged above 143.00 in Monday’s North American session, driven by dovish comments from Japan’s new Prime Minister, Shigeru Ishiba. Ishiba stated that monetary policy should remain accommodative given current economic conditions. Investor Focus on Interest Rates: Investors will be watching the Bank of Japan’s (BoJ) Summary of Opinions (SOP) for clues on […]