Yen Hits Four-Month High on Haven Demand, Bets on Rate Hike
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: Bloomberg
Yen Strengthening: The yen has reached its strongest level in over four months, rising to 148.57 per dollar due to global risk-off sentiment and expectations of interest-rate hikes by the Bank of Japan (BOJ).
Market Expectations: Traders are increasingly optimistic about the yen, anticipating further rate increases by the BOJ, with a full pricing for a hike by September and a 50% chance of a move as early as June, supported by recent inflation data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
