Reported 2 days ago
Strategists predict the yen will continue to strengthen following the Bank of Japan's recent hawkish signals and interest rate hike to a 17-year high. Analysts believe this supports the yen’s appreciation, despite potential challenges like trade frictions and the evolving economic landscape. The central bank's upward revision of inflation expectations gives room for further rate increases, with expectations now set for possible future hikes.
Source: YAHOO