New York yen falls to the upper 152 yen range as yen buys on expectations of Bank of Japan interest rate hike

New York yen falls to the upper 152 yen range as yen buys on expectations of Bank of Japan interest rate hike

As of 5:00 pm on the 30th, the yen was trading at 152.72-82 yen per dollar, up 1.26 yen from the previous day. The euro was trading at 1.0810-20 dollars, or 165.10-20 yen.

It was reported that the Bank of Japan will consider further interest rate hikes at its monetary policy meeting on the 31st, and the view that the interest rate gap between Japan and the United States will narrow in the future has grown. The trend of buying yen and selling dollars has become dominant. (Kyodo)

Source: Japanese