Yen up ahead of BOJ, Fed policy decisions
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE yen rose on Tuesday, moving away from lows of several weeks against the US dollar and euro as prospects of further monetary stimulus this week from the Bank of Japan remained unclear.
With policy decisions from the Federal Reserve and the BOJ due within hours of each other, many investors are likely to stay on the sidelines. The Fed, which is expected to leave interest rates unchanged, will announce its decision on Wednesday while the BOJ concludes its two-day meeting on Thursday.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
