Yen Halts 2-Day Drop as Bullish Bets Reach 2012 High Before BOJ

  • Central bank unlikely to add stimulus Jan. 29: Credit Agricole
  • Yen advances against major counterparts since 2016 began

The yen advanced, halting a two-day decline, after Bank of Japan Governor Haruhiko Kuroda showed little appetite for an immediate expansion of stimulus as the central bank prepares to set policy this week.

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