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News 2026-10-01 04:27 UTC

European Briefing 01/10/2026: BoJ Debated More Hikes And Scope For Faster Move At Sept Meeting; Fed’s Kashkari Says Inflation Is ‘Still Too High’ Even After Softer PCE Data

BoJ Debated More Hikes And Scope For Faster Move At Sept Meeting - BoJ Tankan Shows Sixth Straight Rise In Manufacturer Sentiment - Yen Weakens As BoJ Summary Damps Bets For Back-To-Back Rate Hike - Australia s Trade Balance Shows A Surplus In August - RBA Downplays Risks From Bathla Collapse To Financial Stability - F

News 2026-10-01 03:18 UTC

Yen Weakens After BOJ Summary Damps Rate Hike Bets

The yen dropped against the dollar after a summary of opinions from the Bank of Japan’s September meeting disappointed investors looking for signs that policymakers may be preparing for another rate hike this month. Japan's currency fell as much as 0.5% to 158.21 against the dollar.