Yen soars as Bank of Japan tipped to raise interest rates

Jump lifts currency to highest level against dollar in a month, while global markets remain jitteryThe Japanese yen has soared by more than 1.7% against the dollar amid speculation the Bank of Japan is set to raise interest rates.The latest jump on Thursday lifted the yen to its highest level against the dollar in a month, at 155.85, and followed a 0.9% move the previous day. Continue reading...