Macro Finance
Yen Weakens as BOJ Summary Damps Bets for Back-to-Back Rate Hike
Bloomberg Markets·October 1, 2026·1 min read
The yen weakened against the dollar after the Bank of Japan's September meeting summary disappointed investors expecting signals of another rate hike this month. The summary damped bets on a back-to-back increase, prompting yen selling. Traders now await further economic data and BOJ commentary to gauge the timing of any future policy move.
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