Yen Slips as BOJ’s Ueda Fails to Give Clear Rate-Hike Signal

The yen turned lower against the dollar after Governor Kazuo Ueda refrained from giving a decisive signal about the timing of an interest-rate hike following the Bank of Japan’s split decision to leave policy unchanged.

Japan’s currency fell as much as 0.2% to 159.69 against the greenback. It earlier strengthened as far as 158.96 as the number of BOJ board members in favor of a rate hike increased to three, compared with one at its March meeting.