Those emergency measures (LTRO/TLTRO) taken during the Covid-19 pandemic were aimed at ensuring adequate liquidity in the financial system that faced major shocks due to business disruptions and strict mobility curbs imposed to prevent the spread of the virus
Yen edges up as traders push back Fed rate hike bets
The yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to adjust their forecasts, pushing back the