*Japan's Big Move - Highest Interest Rate in 31 Years! 🇯🇵*
The Bank of Japan has raised its interest rate from 1% to *1.25%* today - the highest level in 31 years.
But surprisingly, the Japanese Yen still fell to 156.91 per Dollar because 2 board members dissented against the hike.
This marks the end of decades of cheap money from Japan, which will impact the US Dollar and Crypto market.
All eyes are now on Governor Ueda's press conference for clues on future hikes!
#BOJ #Japan #Yen #Forex #CryptoNews #USDJPY
The Bank of Japan has raised its interest rate from 1% to *1.25%* today - the highest level in 31 years.
But surprisingly, the Japanese Yen still fell to 156.91 per Dollar because 2 board members dissented against the hike.
This marks the end of decades of cheap money from Japan, which will impact the US Dollar and Crypto market.
All eyes are now on Governor Ueda's press conference for clues on future hikes!
#BOJ #Japan #Yen #Forex #CryptoNews #USDJPY
