Yen rose due to pressure on BOJ to hike rates

  • 3 months ago
Yen rose due to pressure on BOJ to hike rates
Transcript
00:00The yen rose as traders reacted to comments from a senior Japanese politician that it's
00:05expected to put more pressure on the Bank of Japan or BOJ to hike rate to boost the
00:10currency.
00:11While the US dollar and euro remained steady, as traders took a break amid a week of little
00:17economic data to work with.
00:19The Australian and New Zealand dollars, on the other hand, suffered as China surprisingly
00:24decided to impose an interest rate cut.

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