Yen Weakens as Ueda Indicates BOJ Isn’t in Hurry to Hike Rates
The yen fell after Governor Kazuo Ueda indicated the Bank of Japan isn’t in a hurry to increase interest rates again after hikes in March and July. Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Japanese Yen offers gains following the post meeting comments from BoJ Ueda
The Japanese Yen (JPY) edges lower against the US Dollar (USD) following the National Consumer Price Index (CPI) data released on Friday. Traders are now focusing on the Bank of Japan (BoJ) policy decision later in the day, with expectations of keeping its short-term interest rate target between 0.15% and 0.25%.
The yen strengthened slightly in the immediate aftermath of the Bank of Japan leaving its benchmark interest rate unchanged.
The dollar index (DXY00) today is up by +0.27%. The dollar today is moderately higher on weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the weakness in stocks ...
It was left to the Bank of Japan (BOJ) to end "central banker week" by doing nothing on rates, though it did bring the ...
A stronger yen and selling pressure in the stock market are among the likely outcomes of the Bank of Japan’s meeting on ...
The yen fluctuated in a relatively tight range in the immediate aftermath of the Bank of Japan leaving its benchmark interest ...
By Stella Qiu SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest ...
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the ...
Kyodo News on MSN9h
Tokyo stocks rise on U.S. economy optimism, BOJ chief remarks in focusTokyo stocks rose Friday with tech issues lifted by optimism in the U.S. economy, while a wait-and-see mood prevailed before remarks from the Bank of Japan governor that may offer clues on the timing ...
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