Yen rises vs dollar as BoJ hawkish rhetoric boosts demand
The yen is climbing further against the dollar, extending its two-day gain to around 2%. Traders are watching for a possible currency intervention amid stepped-up BoJ hawkish rhetoric.
0803 ET - The yen is climbing further against the dollar, bringing its two-day gain to around 2%, with traders on alert for a possible currency intervention. "Japanese officials from the MoF have been remarkably quiet while policymakers at the BoJ have stepped up their hawkish rhetoric with talk of…