Yen Strengthens as Dollar Rallies Lose Steam Ahead of Inflation Report

Yen Strengthens as Dollar Rallies Lose Steam Ahead of Inflation Report

The U.S. dollar’s recent towering rally hit a pause on Wednesday as markets turned cautious ahead of a pivotal U.S. consumer inflation report. Meanwhile, the yen gained ground amid growing expectations of a Bank of Japan (BOJ) rate hike at next week’s policy meeting. Key Drivers in Focus Currency Movements Market Sentiment and Outlook Despite […]