Low BOJ Rate-Hike Expectations Could Temper Yen Gains -- Market Talk

Dow Jones05-04 18:01

1001 GMT - The yen is likely to remain weak compared to other major currencies as long as the Bank of Japan looks unlikely to respond forcefully to higher energy prices with interest-rate hikes, Commerzbank's Thu Lan Nguyen says in a note. "A key reason for the yen's weakness in recent weeks is that--unlike the ECB--the market does not trust Japanese monetary policymakers to respond particularly strongly to the current inflation shock," she says. "BOJ officials have so far done little to counter the market's tentative expectations." The U.S. dollar is last down 0.1% at 156.91 yen. Japanese financial authorities are thought to have intervened to strengthen the yen after the dollar rose above 160 yen late last week. (jessica.fleetham@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 06:01 ET (10:01 GMT)

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Japanese financial authorities are thought to have intervened to strengthen the yen after the dollar rose above 160 yen late last week. 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Japanese financial authorities are thought to have intervened to strengthen the yen after the dollar rose above 160 yen late last week. (jessica.fleetham@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 04, 2026 06:01 ET (10:01 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"YCL","symbol_name":"ProShares Ultra Yen","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632955934","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632955934","pubTimestamp":1777888860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1001 GMT - The yen is likely to remain weak compared to other major currencies as long as the Bank of Japan looks unlikely to respond forcefully to higher energy prices with interest-rate hikes, Commerzbank's Thu Lan Nguyen says in a note. \"A key reason for the yen's weakness in recent weeks is that--unlike the ECB--the market does not trust Japanese monetary policymakers to respond particularly strongly to the current inflation shock,\" she says. \"BOJ officials have so far done little to counter the market's tentative expectations.\" The U.S. dollar is last down 0.1% at 156.91 yen. Japanese financial authorities are thought to have intervened to strengthen the yen after the dollar rose above 160 yen late last week. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"YCL":"ProShares Ultra Yen","YCS":"日元ETF-ProShares两倍做空","FXY":"日元ETF-CurrencyShares","HEWJ":"日本ETF汇率对冲-iShares"},"translate_title":"日本央行加息预期较低可能会抑制日元涨幅——市场讨论","themeId":"c7788f297ff48f2a94a3018cb372d6ed","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FXY":0.9,"YCL":0.9,"HEWJ":0.9,"USDJPY.FOREX":1.5,"YCS":0.9},"content_text":"1001 GMT - The yen is likely to remain weak compared to other major currencies as long as the Bank of Japan looks unlikely to respond forcefully to higher energy prices with interest-rate hikes, Commerzbank's Thu Lan Nguyen says in a note. \"A key reason for the yen's weakness in recent weeks is that--unlike the ECB--the market does not trust Japanese monetary policymakers to respond particularly strongly to the current inflation shock,\" she says. \"BOJ officials have so far done little to counter the market's tentative expectations.\" The U.S. dollar is last down 0.1% at 156.91 yen. Japanese financial authorities are thought to have intervened to strengthen the yen after the dollar rose above 160 yen late last week. 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