The yen could strengthen beyond 150 against the dollar as the BOJ moves against the global tide of rate cuts, said SMBC Nikko Securities.

The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan this year, while ...

The U.S. dollar is likely to stay under pressure versus the yen, based on charts, said Quek Ser Leang at UOB’s Global Economics & Markets Research in a research report.