Reported 3 months ago
The dollar and yen held steady on Tuesday as traders braced for key monetary policy announcements from the Bank of Japan and the Federal Reserve. The yen stabilized after a recent rally, aided by various factors including a recent decline in global stocks. Analysts are speculating whether the BOJ will implement an interest rate hike, while the Fed is expected to maintain its current stance this week with potential rate cuts hinted for the following meeting.
Source: YAHOO