Dollar sees mixed trading in the low ¥159 range at 3 p.m. as reports of early BOJ rate hike weigh

The dollar/yen pair was trading in the low ¥159 range at 3 p.m. Amid a lack of market catalysts, reports of an early BOJ rate hike weighed on the market.

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The story

The dollar/yen pair was flat or mixed in the low ¥159 range as of 3 p.m., with the dollar slightly weaker and the yen stronger versus late trading in the previous day's New York session. With no significant market catalysts, trading remained subdued.

Reports concerning an early BOJ rate hike emerged in the afternoon, prompting growing views that they had weighed on the market.

At a glance

As ofThe dollar/yen pair was trading in the low ¥159 range at 3 p.m.

TrendThe dollar was slightly weaker and the yen stronger versus late trading in the previous day's New York session

BasisReports concerning an early BOJ rate hike weighed on the market

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