Yen Surges Most Since Brexit as Traders Reduce Stimulus Bets

  • Investors grow more cautious on extent of BOJ easing
  • Risk aversion also boosts yen versus major currencies

Yen Jumps Most Since Brexit: Will BOJ Surprise Markets?

The yen surged the most since Britain voted to leave the European Union as traders scaled back expectations for further monetary and fiscal stimulus before Bank of Japan policy makers meet this week.

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