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Macro Finance

Yen Pares Gains as Ueda Offers Few Fresh Clues on BOJ Hikes

Bloomberg Markets·October 30, 2026·1 min read

The yen pared gains against the dollar after Bank of Japan Governor Kazuo Ueda kept the possibility of further rate hikes alive but offered few fresh clues on their timing. Traders remain focused on upcoming data for signals on the pace of policy normalization, with the currency's direction hinging on the BOJ's next move.

Read at Bloomberg Markets
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