Bank of Japan’s decision to hold rates on Tuesday is seen as hawkish and contributed to the yen’s gains against the dollar, strategists say. The BOJ left its benchmark rate unchanged, with a split vote signaling increased odds of a hike in June, pushing the yen higher.
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April 28, 2026 at 3:47 AM
Bank of Japan’s ‘Hawkish Hold’ Strengthens Yen, Strategists Say
Bloomberg Markets