October 5, 2026
Business

Yen weak ahead of BOJ decision; rate hike expected(Soban News)

The yen dipped against both the dollar and euro as investors speculated about a potential interest rate hike by the Bank of Japan. Recent inflation figures showed a small miss in expectations for August, contributing to market volatility. Meanwhile, the Bank of England opted to maintain steady interest rates, and the euro stayed stable against the dollar. The Australian dollar saw an uptick amid inflation concerns, while oil prices plunged.

​The yen dipped against both the dollar and euro as investors speculated about a potential interest rate hike by the Bank of Japan. Recent inflation figures showed a small miss in expectations for August, contributing to market volatility. Meanwhile, the Bank of England opted to maintain steady interest rates, and the euro stayed stable against the dollar. The Australian dollar saw an uptick amid inflation concerns, while oil prices plunged. by Soban News (international And National News)

Related posts

TDS on FD interest decoded: Who pays, how much banks deduct, and exemption rules(Soban News)

News-Soban-Admin

IPL 2026: ‘He’s special, agree or not’- R Ashwin’s verdict as Riyan Parag silences critics after stunning – The Times of India(Soban News)

News-Soban-Admin

’40kg of explosives used’: Shah on Red Fort blast; sends strong msg to all DGPs – Times of India(Soban News)

News-Soban-Admin

Leave a Comment