(Reuters) - The yen rallied from a three-month low against the dollar on Tuesday after upbeat data further stoked expectations that the Bank of Japan will raise interest rates in the coming months.
A drop in Japan's jobless rate to a nine-year low in April and consumer spending figures that beat market forecasts in the same month sent the two-year bond yield to a 10-year high and prompted investors to buy the yen.
Read more at Reuters Africa
A drop in Japan's jobless rate to a nine-year low in April and consumer spending figures that beat market forecasts in the same month sent the two-year bond yield to a 10-year high and prompted investors to buy the yen.
Read more at Reuters Africa
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