Yen Holds Near 157.75 as Traders Await U.S. Payrolls and Clarity on Iran Deal
The yen held flat near 157.75 per dollar on Thursday, unwinding part of its intervention-driven gains. Traders stayed cautious as…
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BofA CEO Moynihan expects three Fed rate hikes by year-end
Bank of America CEO Brian Moynihan expects the Federal Reserve to raise interest rates three times this year, in September,…
Yen steadies after historic intervention; BofA cuts year-end USD/JPY forecast to 149
The yen steadied at 157.72 per dollar on Wednesday after last week's coordinated US-Japan intervention, while the dollar hovered near…
Fed’s Cook says she’s ready to raise rates if inflation doesn’t ease
Fed Governor Lisa Cook said Wednesday that persistent inflation could force the central bank into a rate increase, even after…
USD/JPY intervention stalls at 157.70 as traders await Washington’s next move
Washington's intervention in the yen trade has stalled, with USD/JPY stuck at 157.70 days after the US Treasury moved to…
