Yen Weakens as Ueda Indicates BOJ Isn’t in Hurry to Hike Rates
The yen fell after Governor Kazuo Ueda indicated the Bank of Japan isn’t in a hurry to increase interest rates again after hikes in March and July. Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Japanese Yen offers gains following the post meeting comments from BoJ Ueda
The Japanese Yen (JPY) edges lower against the US Dollar (USD) following the National Consumer Price Index (CPI) data released on Friday. Traders are now focusing on the Bank of Japan (BoJ) policy decision later in the day, with expectations of keeping its short-term interest rate target between 0.15% and 0.25%.
The yen pared its losses on Friday as the Bank of Japan (BOJ) sounded optimistic about growth and signalled it will be ...
The yen strengthened slightly in the immediate aftermath of the Bank of Japan leaving its benchmark interest rate unchanged.
The yen weakened sharply to the upper 143 range versus the U.S. dollar in Tokyo on Friday, after remarks by the Bank of Japan ...
TOKYO -- The yen slightly strengthened as the Bank of Japan held interest rates steady at around 25 basis points in line ...
A stronger yen and selling pressure in the stock market are among the likely outcomes of the Bank of Japan’s meeting on ...
It was left to the Bank of Japan (BOJ) to end "central banker week" by doing nothing on rates, though it did bring the ...
The Bank of Japan did not change policy at the conclusion of today's meeting, but it retained its tightening bias. Click to read.
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