Yen could weaken if Fed hikes in September, ING says
A possible U.S. Federal Reserve rate rise in September could pressure the yen versus the dollar, ING’s Chris Turner said, as the yen jumps Thursday amid intervention chatter.
A possible interest-rate rise by the U.S.
Federal Reserve in September could cause the yen to fall versus the dollar, ING's Chris Turner says in a note.
The yen jumps against the dollar on Thursday amid chatter of potential intervention.
For yen gains to continue, however, this could require an inc…