The yen rose against the dollar, and could rise further given the prospect of the BOJ raising interest rates by more than markets expect, Rabobank said.
Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps. Nominal ...
Stronger than expected wage growth and softer US 10-year yields has driven the yen to new highs for the year, to lead the major currencies with more than a 1% gain. Among emerging market currencies, ...
The USD/JPY price analysis shows a strong yen with rising expectations for Bank of Japan rate hikes this year amid upbeat data.