Yen Jumps More Than 1% on Bets of More Aggressive Fed Cuts

(Bloomberg) -- The yen climbed by more than 1% against the dollar as traders ramped up bets for more aggressive interest rate cuts by the Federal Reserve in 2024 and as they speculated on the timing of the Bank of Japan exiting from negative interest rates.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Au

Related Keywords

Mizuho , Hokkaido , Japan , Japanese , Shinzo Abe , Shoki Omori , Takuya Kanda , Anya Andrianova , Kazuo Ueda , Bloomberg Businessweek , Masahiro Hidaka , Beth Thomas , Makoto Suzuki , Mizuho Securities Co , Gaitame Com Research Institute Ltd , Bloomberg , Federal Reserve , European Central Bank , Democratic Party , Okasan Securities Group Inc , Gaitame Com Research Institute , Mizuho Securities , Okasan Securities Group , Liberal Democratic Party , Interest Rate , Bank Of Japan , He Federal Reserve ,