Yen soars as Bank of Japan tipped to raise interest rates
2 sources·Updated September 4, 2026
Covered by 2 sources
- Bloomberg Markets·8h agoCarry Trade Exodus Fuels Yen Surge Ahead of BOJ Rate Decision
A rush to unwind yen-funded carry trades helped send the currency to a one-month high against the dollar as traders ramped up bets on further Bank of Japan rate hikes.
Read at Bloomberg Markets → - Guardian Business·22h agoYen soars as Bank of Japan tipped to raise interest rates
Jump lifts currency to highest level against dollar in a month, while global markets remain jittery Business live – latest updates The Japanese yen has soared by more than 1.7% against the dollar amid speculation the Bank of Japan is set to raise interest rates. The latest jump…
Read at Guardian Business →