Japanese Yen futures saw upward momentum, rallying in four of the last five sessions to climb 4.45% above the September low. The price action comes as the market anticipates a potential 25 bps rate increase at the upcoming Sept. 18 Bank of Japan meeting. Ongoing policy coordination between Tokyo and the U.S. Treasury, underscored by the July 31 yen intervention funded via euro reserves, continues to influence the currency's trajectory. Despite a softer second-quarter GDP revision, broader market expectations suggest economic conditions pose no immediate obstacle to further rate adjustments.
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