Yen Surges as BOJ Rate-Hike Bets Intensify, Intervention Fears Return

Yen Rallies as Intervention, BOJ Rate Risk Weigh on Wary Traders

The yen jumped sharply for a second day, reversing a month of gradual decline, as traders lifted bets on Japanese interest-rate hikes and were on high alert to the risk of authorities wading back into the market to boost the currency.

Yen Rises as Intervention, BOJ Rate Hike Risks Jolt Traders

The yen strengthened nearly 2% Thursday, reversing a month of gradual decline, as traders lifted bets on Bank of Japan interest-rate hikes and remained vigilant to the risk of official action to further boost the currency.

Yen Surges as BOJ Rate-Hike Bets Intensify, Intervention Fears Return

The Japanese yen surged to a one-month high against the U.S. dollar on Thursday as traders increased bets on further Bank of Japan interest-rate hikes and weighed the possibility that Tokyo could intervene again to support the currency. The yen climbed more than 1% against the dollar, reaching ¥156.15, its strongest level since Aug. 3, […]

Yen headed for strongest week in more than a month - Trading and Investment News

The yen firmed to as much as 155.25 per dollar in morning trade, just below the 155.20 high it hit last ​month after the July intervention The yen clung to its gains, and was on track for its strongest week in more than a month, as traders ramped up bets on a Bank of Japan […]