Macro Finance
Yen Rebound Ebbs After Brief Rally on Outlook for BOJ Rate Hikes
Bloomberg Markets·July 21, 2026·1 min read
The yen slid beyond 163 per dollar for the first time since 1986 before recovering some ground in choppy trading. The currency moved on the prospect of faster interest-rate hikes from the Bank of Japan as traders speculated about future monetary policy.
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