2023-04-28 08:31
Dollar headed for monthly loss; yen steady ahead of BOJ decision
SINGAPORE – The U.S. dollar was on track for a second straight monthly loss on Friday on mounting expectations the Federal Reserve could soon end its aggressive rate-hike cycle, while the yen steadied near a one-week high ahead of a pivotal central bank decision. The Bank of Japan's (BOJ) monetary policy decision on Friday takes center stage in Asia, where expectations are for new BOJ Governor Kazuo Ueda to keep monetary settings ultra-loose at his debut policy meeting. Focus will also be on Ueda's tone, with investors closely looking out for any tweak in forward guidance.

https://business.inquirer.net/398050/dollar-headed-for-monthly-loss-yen-steady-ahead-of-boj-decision

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