A huge electric stock quotation board is seen inside a building in Tokyo, Japan, December 30, 2022. REUTERS/Issei Kato/File PhotoSINGAPORE, May 2 -
"There are paths to not cutting and there are paths to cutting. It's really going to depend on the data," he said, which traders interpreted as all but ruling out a rate hike. The dollar was last up about 0.8% to 155.80 yen, the euro was up 0.9% at 167.00 yen and the Aussie was trading near 102 yen . Tokyo money market data indicated Japanese authorities may have spent nearly $35 billion buying the yen on Monday, not long after it had touched 160 per dollar, lows last visited over three decades ago.
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