Yen reaches seven-month high as traders anticipate BOJ rate hike
Most outlets reported that the yen climbed to a seven-month high amid expectations of a Bank of Japan interest-rate hike, while the dollar remained subdued ahead of U.S. inflation data. Dunya News added that rising Gulf tensions also contributed to the dollar's subdued performance, while Business Recorder focused on the unwinding of short positions and growing bets on the rate hike.
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Yen extends rally to new seven-month high; dollar subdued ahead of CPI
The yen hit a seven-month high as traders bet on faster BOJ tightening, while the dollar stayed subdued ahead of U.S. inflation data and amid rising Gulf tensions.
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Yen extends rally to new seven-month high; dollar subdued ahead of CPI
HONG KONG: The Japanese yen climbed to fresh seven-month highs against the US dollar on Tuesday, as traders continued to unwind short positions amid growing bets of a Bank of Japan interest-rate hike while the dollar was subdued ahead of CPI data this week. The yen strengthened to as much as 153.53 per dollar in morning trading, surpassing levels reached during Japan’s July intervention and ...
2 articles from 2 outlets, 8 Sep–8 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?