The Japanese yen is set to gain for a third straight session in trading on Friday after the Bank of Japan kept interest rates unchanged and raised its inflation expectations. The Bank of Japan kept the key interest rate at 1.25% during the period that was expected, but confirmed that its policy has entered a new phase more inclined to monetary tightening, allowing for an interest rate hike once every few months. for more

The Japanese yen is set to gain for a third straight session in trading on Friday after the Bank of Japan kept interest rates unchanged and raised its inflation expectations. The Bank of Japan kept the key interest rate at 1.25% during the period that was expected, but confirmed that its policy has entered a new phase more inclined to monetary tightening, allowing for an interest rate hike once every few months. for more