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Yen Hits 40-Year Low as BOJ Expected to Signal Further Rate HikesAccording to Reuters, the yen recently fell to around its weakest level in four decades. Prime Minister Sanae Takaichi said stronger economic growth could help restore confidence in the currency. The Bank of Japan is expected to keep rates at 1% at its July 31 meeting but may signal further tightening as yen weakness and inflation pressures persist. A Reuters poll found 86% of economists expect the BOJ to raise rates to 1.25% by year-end. ...