Zaman: Rise in Japanese Long Yields Could Support Yen

Japanese Prime Minister Sanae Takaichi's government supports a near-term rate hike by the Bank of Japan, with the next move likely in September or October, according to Bloomberg. The yen has moved closer to the 160-per-dollar level. Mahjabeen Zaman, Head of FX Research at ANZ, discussed currency support efforts with Bloomberg.

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