Japanese Yen Strengthens Against Dollar on BOJ Rate Hike Expectations

Yen strengthens as traders bet on Japan interest rate rises

Currency falls under ¥157 to the dollar after sudden jump overnight

Yen soars as Bank of Japan tipped to raise interest rates

Jump lifts currency to highest level against dollar in a month, while global markets remain jittery Business live – latest updates The Japanese yen has soared by more than 1.7% against the dollar amid speculation the Bank of Japan is set to raise interest rates. The latest jump on Thursday lifted the yen to its highest level against the dollar in a month, at 155.85, and followed a 0.9% move the previous day. Continue reading...

By Heather Stewart and Graeme Wearden

Yen hits 1-month high of 155 to dollar on BOJ rate hike speculation

Yen jumps on BOJ hike bets, dollar slips on Waller comments

Yen Suddenly Surges To Bessent Intervention Highs... No One Knows Who/Why...

Yen Suddenly Surges To Bessent Intervention Highs... No One Knows Who/Why... Yesterday we noted the sudden spike in JPY which prompted numerous desks to speculate on an intervention. It wasn't large - which made many suggest it wasn't or that it was a tester for liquidity. Today, we are seeing something different - a steady bid for the Japanese currency lifting it to post-Bessent/BoJ highs... The slope (not entirely vertical) made some reject the idea of an intervention... “I...

By Tyler Durden