Yen Set for Third Straight Daily Gain Against Dollar After BOJ Holds Rates
The yen was on track for a third consecutive daily gain after the BOJ left its main rate unchanged at 1.25% and upgraded its inflation outlook. Declining U.S. Treasury yields also weighed on the dollar.
By Amanda Cooper and Chibuike OguhThe yen was on track for a third consecutive daily gain on Friday after the Bank of Japan left rates unchanged and upgraded its inflation outlook, while declining US Treasury yields weighed on the dollar.The BOJ left its main rate at 1.25% in a widely anticipated m…