Yen strengthens to seven-month high as BoJ tightening bets build
The yen reached its strongest level in seven months on Monday, extending gains tied to expectations for a faster Bank of Japan tightening pace and potential Japanese fund repatriation.
The yen reached its strongest level in seven months on Monday, building on recent gains as traders bet on a faster pace of Bank of Japan tightening and on the possibility that Japanese investors could bring funds back home. 58 yen FX_IDC:USDJPY, its weakest since Febru…