Yen strengthens as traders price possible BoJ quarter-point hike
Japanese yen strengthened against other major currencies in Monday’s European session as traders bet the Bank of Japan is likely to raise interest rates by a quarter point at its September 18 meeting.
The Japanese yen strengthened against other major currencies in the European session on Monday as traders bet the Bank of Japan, or BoJ, is likely to raise its interest rate by a quarter point at its September 18 meeting. Top currency official Atsushi Mimura and Finance M…