Yen hits 6-week high after faster-than-expected inflation support bets for a Dec BOJ rate hike
THE Japanese yen jumped to a six-week high against the dollar on Friday (Nov 29) after faster-than-expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike in December. Read more at The Business Times.
Japanese Yen Surges on Bets for More BOJ Interest-Rate Hikes
The Japanese yen rose to a six-week high against the dollar Friday. While trading was thin because of the Black Friday holiday in the U.S., the moves are still worth watching after volatility in the Asian currency sparked market turmoil earlier this year.
The Japanese yen is strengthening as markets anticipate a Bank of Japan rate hike, potentially causing global market ...
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The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in Tokyo supported bets ...
The yen briefly breached the key level of 150 against the dollar as traders positioned for a stronger likelihood of the Bank ...
Explore what to expect with the USD/JPY exchange rate as it retreats sharply in the past few days? We explain what to expect ...
A hotter-than-expected inflation reading from Japan on Friday increased expectations for an interest-rate hike in the country, sending the yen to a six-week high. The dollar sank to as low as 149.56 ...
The Japanese currency rose around 0.4% against the greenback, helped along by the inflation data that showed prices rose more ...
The yen weakened against other G-10 and Asian currencies in the morning session on likely position adjustments by market participants after the Japanese currency’s recent rally.
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