Investing in Currencies

Investing in Currencies

Yen hits 10-week low, dollar buoyant as traders adjust rate bets

By Kevin Buckland TOKYO (Reuters) -The yen slipped to a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialled back bets on how quickly the Bank of Japan will raise interest rates and how soon the Federal Reserve will cut them. The yen was little changed at 149.395 per dollar after dipping to 149.495 earlier for the first time since Nov. 27. It slumped 0.76% in the previous session, and is set for a 0.68% slide this week. BOJ Governor Kazuo Ueda said...
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