# BOJ keeps low rates, hints of future rate hikes fail to stem yen fall | Reuters

> The BOJ kept rates low and offered no clear guidance on future hikes, sending the yen to a fresh 34-year low near 157 per dollar. Markets remain on edge over possible currency intervention.

- Date: 2024-04-25 · published 2024-04-25T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/30966-boj-keeps-low-rates-hints-of-future-rate-hikes-fail-to-stem-yen-fall-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A central bank holding policy loose keeps the dollar firm against the yen, raising the cost of dollar-priced feed imports for Japanese buyers.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.