By Rae Wee
SINGAPORE (Reuters) -The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to whether Tokyo will intervene while policy deliberations are still underway.
Having traded in a tight range over the past few days, a buoyant dollar finally broke above the 155 yen level for the first time since 1990 in the previous session.
The greenback again notched a 34-year high of 155.74 yen on Thursday.
Intense speculation that the Japanese government will intervene to shore up the yen had hampered the dollar’s…
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