Reported 18 days ago
The Japanese yen has weakened against the US dollar following the Bank of Japan's decision to maintain interest rates, suggesting a cautious approach to rate hikes. Lauren van Biljon, a portfolio manager at Allspring Global Investments, discusses strategies for navigating currency markets, highlighting the importance of position sizing and stop-loss measures. She particularly points to the Norwegian krone as a favorable option due to differing global monetary policies.
Source: YAHOO