(Bloomberg) -- The yen may fall versus the dollar
and euro for a second day as the Bank of Japan is expected to
keep its benchmark interest rate at 0.5 percent, the lowest
among major economies.
Traders may continue to borrow in yen to fund so-called
carry trade investments in higher-yielding assets. Japan's
consumers were the most pessimistic in more than two years last
month, a Cabinet Office report showed yesterday.
Read more at Bloomberg Currencies News
and euro for a second day as the Bank of Japan is expected to
keep its benchmark interest rate at 0.5 percent, the lowest
among major economies.
Traders may continue to borrow in yen to fund so-called
carry trade investments in higher-yielding assets. Japan's
consumers were the most pessimistic in more than two years last
month, a Cabinet Office report showed yesterday.
Read more at Bloomberg Currencies News
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