Dollar Rises as BOJ Rate Hike Lacks Guidance
The US dollar advanced against the yen after the Bank of Japan raised rates but dissension among policymakers clouded the outlook for future hikes. Meanwhile the Federal Reserve signalled further increases.
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The USD/JPY rose 0.5% to 156.725 on Friday as Japan policymakers dissented on a rate decision. The move pushed the pair toward a two-week high after touching 158.05.
