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.
Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...
The yen weakened sharply to the upper 143 range versus the U.S. dollar in Tokyo on Friday, after remarks by the Bank of Japan ...
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 fell after the Bank of Japan hinted at cautious policy tightening, with Governor Ueda not providing clear signals on ...
The Bank of Japan did not change policy at the conclusion of today's meeting, but it retained its tightening bias. Click to read.
Kyodo News on MSN8h
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 ...
Republic Business on MSN12h
Japan's Nikkei jumps 2% on Wall Street's lead; BOJ decision loomsJapan's Nikkei share average jumped more than 2 per cent in the morning session on Friday, tracking overnight gains on Wall ...
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