Yen extends gains as traders price higher Bank of Japan rate-hike bets
The yen extended gains on Thursday, after a burst higher in the prior session. Traders stopped short of attributing the move to Japanese intervention and instead cited rising bets on Bank of Japan rate hikes.
By Rae Wee and Harry RobertsonThe yen extended gains on Thursday after a sudden burst higher in the previous session, though traders stopped short of attributing the move to intervention by Japanese authorities and instead pointed to rising bets on Bank of Japan rate hikes.The yen =EBS> rose almost…