Yen Weakens as BOJ Lacks Clarity on Future Hikes, Analysts Say

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Bloomberg Markets 5 hours ago 54

The yen weakened against the dollar after the Bank of Japan offered no clear guidance on the timing of future monetary tightening, analysts said. While the central bank raised its benchmark interest rate to its highest level since 1995 as expected, investors will now turn to Governor Kazuo Ueda’s press conference later Friday.



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