0040 GMT - The Japanese yen strengthens slightly against most G-10 and Asian currencies in early trading as investors brace for potential hawkish remarks from BOJ Deputy Governor Shinichi Uchida. Hawkish comments could prompt markets to bring forward expectations for the BOJ's next rate hike, CBA's Carol Kong says in a research report. While markets currently have fully priced a 25bp rate hike by October, CBA anticipates an earlier rate hike in July, says the economist and currency strategist. AUD/JPY falls 0.3% to 93.73; EUR/JPY edges 0.1% lower to 159.02. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 04, 2025 19:40 ET (00:40 GMT)
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