💱US Dollar/Japanese Yen FX Spot Rate
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BOJ kept rates unchanged but hinted at future hikes, supporting yen strength; intervention not confirmed but yen rose sharply.
Impact on assets 1
Others
The Bank of Japan kept its rate policy unchanged and nudged its economic growth forecast higher, while officials stopped short of confirming an intervention that drove the yen sharply higher. Hiromi Ishihara, Head of equity investment at Amundi Japan, told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa that investors are watching for the indication for the next BOJ hike.
BOJ kept rates unchanged but hinted at future hikes, supporting yen strength; intervention not confirmed but yen rose sharply.