Reported about 11 hours ago
The yen is set for its best weekly performance in over a month as expectations rise that the Bank of Japan will raise interest rates next week, putting pressure on the dollar. Market confidence is bolstered by comments from BOJ officials and strong Japanese economic data. Meanwhile, the dollar index is poised for a decline after recent U.S. economic data suggested a cautious Fed approach on rate cuts. Investors await Donald Trump's inauguration for insights into future economic policies.
Source: YAHOO