On Thursday, the Japanese currency reached a price of 155.74 per dollar
The yen continued to lose value after weakening to 155.51 per dollar for the first time in more than three decades on Wednesday, raising the possibility of intervention ahead of the Bank of Japan’s policy decision on Friday.
On Thursday, the yen weakened to 155.74 per dollar, a new 34-year low against the dollar. The Bank of Japan is expected to keep interest rates unchanged on Friday.
In Asia, government bond yields were little changed after rising in the previous session. In corporate news, shares of South Korea’s SK Hynix fell even as demand for artificial intelligence spurred the chip maker to post its fastest rate of revenue growth since at least 2010.
Gold fell for a fourth straight day ahead of the release of U.S. inflation data, which will shape expectations for U.S. monetary policy and the dollar’s trajectory.
You can watch more news from Bloomberg Terminal in the video.
You can watch all feeds from the section here.
Every news is an asset, follow Investor.bg and in Google News Showcase.
