Dollar Gains Against Yen Amid BOJ's Uncertainty on Interest Rate Hike

Reported 5 days ago

The dollar strengthened against the yen as Bank of Japan Governor Kazuo Ueda hinted at potential monetary policy tightening but provided no specific timeline. Despite an upcoming monetary policy meeting in December, concerns over uncertainties have left the market cautious, with the dollar rising 0.17% to 154.6 yen. Meanwhile, broader market indices reflect mixed signals amidst speculations around potential U.S. trade tariffs and their implications for inflation.

Source: YAHOO

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