Yen slips ahead of central bank bonanza, dollar firms on tech rebound
· economictimes.indiatimes.com
The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Bank of Japan, are expected to announce monetary policy decisions this week. A rise in Japan's service-sector inflation suggests increasing price pressures that may lead to future interest rate hikes. Concurrently, the euro weakened amid concerns regarding France's fiscal stability and economic health.
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