Reported 2 days ago
Currency strategists in Tokyo are raising concerns about the yen as speculation grows that the Bank of Japan (BOJ) may hold off on interest rate increases until March or beyond. Recent market reactions saw the yen hit a two-week low following reports indicating a reluctance from BOJ officials to move quickly. Analysts warn that a prolonged wait could trigger a return of the yen carry trade, potentially weakening the currency further. While some economists predict a rise in rates next week, others suggest it may be delayed, heightening uncertainty around the BOJ's future policy decisions.
Source: YAHOO