United Kingdom Retail Sales (YoY) came in at 2.5%, above forecasts (2.1%) in February

United Kingdom Retail Sales (YoY) came in at 2.5%, above forecasts (2.1%) in February
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USD/JPY: Policy clarity and intervention risks – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes that Bank of Japan policy expectations have changed little versus other G10 central banks, with markets already pricing a gradual tightening path.
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