Yen Slips Toward 20-Month Low on Abe’s BOJ Pledge
The yen declined toward a 20-month low against the dollar after incoming Japanese Prime Minister Shinzo Abe said he will consider changing the law governing the central bank unless it boosts its inflation target next month.
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Inflation Paves Way for More Canada Rate Hikes
47:41 - Canadian government bond yields spiked and the loonie strengthened for a fourth day, as today's economic data paves the way for another Bank of Canada interest rate hike this year. RBC's Deputy Chief Economist Dawn Desjardins joins Bloomberg TV Canada's Lily Jamali to discuss her outlook. (Source: Bloomberg)