💨 Abstract

The dollar rose against the yen after Japan's central bank governor, Kazuo Ueda, indicated further interest rate hikes, but did not specify the timing. The market priced in a 54% chance of a quarter-point hike in December, unchanged from before the speech. Ueda will give a media conference for further clarity. The dollar's rally has coincided with a rise in U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖