(Reuters) - TOKYO - The yen pulled back from a three-month low against the dollar on Tuesday after upbeat data further stoked expectations that the Bank of Japan will raise interest rates in the next few months.
A drop in Japan's jobless rate to a nine-year low in April and consumer spending that beat market forecasts in the same month sent the two-year bond yield to a 10-year high and prompted investors to buy the yen.
Read more at Reuters.com Hot Stocks News
A drop in Japan's jobless rate to a nine-year low in April and consumer spending that beat market forecasts in the same month sent the two-year bond yield to a 10-year high and prompted investors to buy the yen.
Read more at Reuters.com Hot Stocks News
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