Japanese Yen Falls to 40-Year Low as BOJ Signals More Rate Hikes

The post Japanese Yen Falls to 40-Year Low as BOJ Signals More Rate Hikes appeared first on Coinpedia Fintech News

The Japanese yen has fallen to its weakest level in nearly 40 years, according to Reuters, as markets expect the Bank of Japan (BOJ) to signal further interest rate hikes. While the BOJ is widely expected to keep its policy rate at 1% at its July 31 meeting, 86% of economists surveyed by Reuters expect …