Yen rallies on rate hike bets as equity markets swing …C0NTINUE READING HERE >>>
The yen rallied after forecast-topping Tokyo inflation data boosted bets on a Bank of Japan interest rate hike.
Photo: Richard A. Brooks / AFP
Source: AFP
The yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut next month, while equity markets were mixed as traders weigh the economic outlook during a second Trump administration.
With Wall Street closed for the Thanksgiving break, there were few catalysts to drive…
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