The Japanese yen weakened against other major currencies in the Asian session on Monday, as traders continue to doubt the Bank of Japan's (BoJ) plan to further tighten its monetary policy this week.
Market waits for Thursday's BoJ interest rate decision. The bank expects the interest rate to remain unchanged at 0.25 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.