NEW YORK, April 26 (Reuters) - The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with forecasts and affirming expectations that the Federal Reserve will likely delay cutting interest rates to later this year.
The dollar's peak against the yen came after the Bank of Japan kept interest rates steady at its end of its two-day policy meeting, although it flagged future rate hikes. With the yen at multi-decade lows, market participants were on alert for possible intervention from Japan to prop up its currency.
The dollar hit 157.795 yen , the highest since June 1990, and was last up 1.3% at 157.71. The greenback briefly dropped as low as 154.97 earlier in the session, triggering speculation that the BOJ, which acts on the behalf of the Ministry of Finance, may have checked currency rates, supposedly a sign that the central bank is preparing to intervene.
original article from Reuters (click here)
[26日 ロイター] - 米国時間26日の外為市場でドルは34年ぶり高水準の157円台に上昇した。日銀がこの日の金融政策決定会合で現状の政策を維持し、植田和男総裁が記者会見で円安に対して踏み込んだ発言をしなかったことで円売り地合いが一段と強まった。米国時間に発表された経済指標を受けてドル高/円安が加速、ドルは157.42円まで上値を伸ばした。
米国の早期利下げ予想が後退する一方、日銀の追加利上げには距離があるとの思惑がある中、日米金利差が意識されてドル高/円安が促されやすい環境になっている。
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