Yen jumps 2% as BOJ hike bets rise; dollar slips
The yen rose 2% versus the U.S. dollar as traders increased bets on a Bank of Japan interest rate hike. Analysts cited BOJ data suggesting no official intervention behind gains on Wednesday.
By Karen BrettellThe yen jumped by 2% against the U.S. dollar on Thursday as traders ramped up bets on a Bank of Japan interest rate hike, while analysts pointed to BOJ data showing no official intervention behind the currency's strong gains on Wednesday.The dollar, meanwhile, added to losses after…