Reported about 18 hours ago
The yen remained stable ahead of a highly anticipated Bank of Japan (BOJ) policy decision, expected to result in a 25-basis-point rate hike, while the dollar was poised for its worst weekly performance in two months due to the absence of anticipated tariff announcements from U.S. President Trump. With Japanese core consumer prices rising at their fastest pace in 16 months, market analysts predict a series of gradual rate increases later this year. The euro and sterling also saw slight gains against the yen, while the dollar index experienced a notable decline amid political uncertainties.
Source: YAHOO