Australia and New Zealand Banking Group: It is expected that the Bank of Japan may raise interest rates in October, and the Japanese yen will gradually rise.
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Odaily Odaily News: Mahjabeen Zaman, head of foreign exchange research at ANZ Bank, said that the Bank of Japan is expected to raise interest rates again in October, which will further support the yen's strength into next year. The dollar may weaken in the fourth quarter due to year-end seasonal factors and the Fed's actual rate cuts, not just expectations. With cracks in the resilience of the US economy and seasonal factors in the northern hemisphere summer, the USD/JPY may continue to fluctuate. (Jinshi)
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