Yen firms as BOJ seen leaning toward more aggressive tightening
The yen strengthens versus other G-10 and Asian currencies as prospects grow for more aggressive BOJ monetary tightening. UOB Global Economics & Markets Research points to the BOJ’s recent focus and Wednesday remarks.
The yen strengthens against other G-10 and Asian currencies on prospects of more aggressive tightening of monetary policy by the BOJ.
The Bank of Japan has remained in focus, UOB's Global Economics & Markets Research team says in a research report.
In a speech on Wednesday, "hawkish [BOJ] board mem…