(Bloomberg) The yen extended gains after the Bank of Japan indicated it will reduce monthly buying of super-long government bonds, in a reminder that it may still move to cut stimulus this year.Most Read from BloombergBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntChinese Billionaire Is Second-Biggest Foreign Owner of US LandEmirates’ Clark Says Blowout Illustra
(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
'Too Tricky to Trade': Yen Watchers Brace for Even Wilder Swings bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
BOJ's Ueda Would Need to Hike Rates If He Used Taylor Rule Again bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
BOJ Acts to Slow Rising Bond Yields With Unscheduled Buying bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.