Rabobank Says Yen Could Gain on BOJ Rate-Rise Prospects
Rabobank’s Jane Foley says the yen could strengthen against the dollar in coming months as markets consider further BOJ rate hikes.
The Japanese yen could strengthen against the dollar in the coming months due to the prospect of further interest-rate hikes by the Bank of Japan, Rabobank's Jane Foley says in a note. "While the selloff in the Nikkei 225 at the end of last week depressed market expectations regarding the chances o…