In New York foreign exchange trading, the yen rebounded after hitting a low. Market participants said they believe the market has priced in a BOJ rate hike.
In the New York foreign exchange market, the yen moved higher after temporarily trading near its low. Although the article does not state specific levels, it discusses movements in the yen as part of foreign exchange market trends.
Market participants said that expectations are growing that the market is pricing in the possibility of the BOJ implementing a rate hike in the future.