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Reuters

Dollar sitting pretty, yen bears wary of BOJ hawks

Reuters
Summary
Nutrition label

76% Informative

The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness.

Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech to flag a possible rate hike in December .

Markets imply around a 55% chance of a quarter -point rate hike to 0.5% when the BOJ meets on Dec. 19 .

The dollar index climbed 1.6% over the week , marking six weeks of gains in the last seven .

VR Score

88

Informative language

97

Neutral language

10

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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