Institution: The yen will continue to be under pressure, with the Federal Reserve's interest rate cuts and debt issues as key factors
ChainCatcher news, Pepperstone analyst Wu Dilin stated that the yen will remain under pressure due to the Bank of Japan's cautious stance on interest rate hikes and the country's negative real interest rates. He also mentioned that as the market gradually digests the possibility of Trump's re-election, the Federal Reserve's interest rate cuts and debt issues may once again become key driving factors for the dollar's movement, which could alleviate some of the pressure on the yen.
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