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HomeFinanceYen hangs near 160 amid BOJ rate-hike bets, dollar wobbles
Finance1d ago

Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles

Economic Times — Markets
Economic Times — Markets✓
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Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles

The yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Currency markets watched renewed Middle East conflict and rising oil prices. Traders anticipate a potential Federal Reserve rate hike in September. Investor attention focuses on upcoming economic data this week.

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