Yen Slips Despite Rising Expectations of December BOJ Hike as Global Currency Markets React to Political Signals and Central Bank Moves

The yen weakened on Wednesday even as expectations firmed that the Bank of Japan could raise interest rates next month, underscoring the unusual volatility gripping global currency markets. Investors initially pushed the yen higher after Reuters reported that the BOJ is preparing markets for a possible hike as soon as December, but the currency later […] The post Yen Slips Despite Rising Expectations of December BOJ Hike as Global Currency Markets React to Political Signals and Central Bank Moves appeared first on Tekedia.

Yen Slips Despite Rising Expectations of December BOJ Hike as Global Currency Markets React to Political Signals and Central Bank Moves

The yen weakened on Wednesday even as expectations firmed that the Bank of Japan could raise interest rates next month, underscoring the unusual volatility gripping global currency markets. Investors initially pushed the yen higher after Reuters reported that the BOJ is preparing markets for a possible hike as soon as December, but the currency later […]

The post Yen Slips Despite Rising Expectations of December BOJ Hike as Global Currency Markets React to Political Signals and Central Bank Moves appeared first on Tekedia.

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