Yen weakens due to doubt BOJ will hike rates this week

  • 3 months ago
Yen weakens due to doubt BOJ will hike rates this week

Transcript
00:00The Yen weekend, as traders had some last-minute doubts on whether the Bank of Japan, or BOJ,
00:06would actually hike rates its week.
00:08Meanwhile, the dollar last fared 0.6% higher than the Land of the Rising Sun's currency
00:14at 154.93, while the Euro was at 167.59 to the Yen.
00:22The BOJ is holding a two-day policy meeting and is expected to announce its decision on
00:27rates tomorrow.

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