The Japanese yen trades near 161 per dollar despite the BOJ's record $73 billion intervention and rate hike to 1.0%, with carry trade dynamics creating

The Japanese yen trades near 161 per dollar despite the BOJ's record $73 billion intervention and rate hike to 1.0%, with carry trade dynamics creating

The yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federal Reserve rate hikes. Mixed signals…