1. Higher rates could lift the yen by making deposits in Japan more attractive and by discouraging traders from borrowing cheaply in yen to invest overseas. 2. His comments reduced speculation the central bank is poised to raise rates, a move that could lift the yen by making bank deposits in the currency more attractive. 3. News of Korean debt relief also lifted the yen. 4. Speculation that the government will try lifting the yen to buoy share prices hurt the dollar today. 5. The comment reduced speculation that the BOJ is poised to raise rates, a move that would lift the yen by making bank deposits in the currency more attractive. 6. The comment reduced speculation the central bank is poised to raise rates, a move that would lift the yen by making bank deposits in the currency more attractive. 7. The comment reduced speculation that the BOJ is poised to raise rates, a move that would lift the yen by making bank deposits in yen more attractive. 8. Vice Finance Minister for International Affairs Eisuke Sakakibara also helped lift the yen by suggesting Japan may sell dollars for the Japanese currency. 9. The move managed to lift the yen from its eight-year low against the dollar. |