Yen consolidates as traders eye hawkish BOJ rate hike later this month
In early trade, the yen is consolidating versus the dollar and other currencies. Traders cite prospects for a hawkish BOJ rate hike later this month after comments from BOJ Gov. Ueda and a suggestion from board member Takata.
The yen consolidates against the dollar and other currencies in early trade, but may be buoyed by prospects of a hawkish BOJ rate hike later this month.
BOJ Gov.
Ueda's comments have reinforced expectations of another rate increase, while board member Takata has raised the possibility of a move lar…