BOJ Sees Little Need to Change Basic Rate Hike Stance

BOJ Sees Little Need to Change Basic Rate Hike Stance

(Bloomberg) — Bank of Japan officials see little need to change their existing stance of gradually raising interest rates for now despite uncertainties stemming from US tariffs, according to people familiar with the matter.

Yen Extends Gains, BOJ Core CPI Lower Than Expected - Action Forex

The Japanese yen has rallied for a third straight day. In the European session, USD/JPY is trading at 140.38, down 0.33% on the day. The yen has climbed 1.3% since Thursday, as the US dollar is under pressure against the major currencies. BOJ Core CPI remains at 2.2% BoJ Core CPI, a key inflation indicator, […] The post Yen Extends Gains, BOJ Core CPI Lower Than Expected appeared first on Action Forex.

Japanese Yen bulls have the upper hand amid US tariff woes, BoJ rate hike bets

The Japanese Yen (JPY) edges lower during the Asian session on Tuesday amid receding hopes for a quick US-Japan trade deal. Furthermore, signs of stability in the Asian equity markets and a modest bounce in the US indices futures undermine the safe-haven JPY.