Tag: central bank policy


  • Yen Gains as BOJ Rate-Hike Bets Grow Amid Strong US Data Outlook

    Yen Gains as BOJ Rate-Hike Bets Grow Amid Strong US Data Outlook

    Overview: Yen Strength Amid Rising BOJ Hike Expectations The yen has been outperforming most of its major peers as traders increasingly anticipate the Bank of Japan (BOJ) to raise its benchmark interest rate this week. The currency firmed, rising as much as 0.4% to around 154.68 per dollar in early trading, before trimming gains amid…