Yen Surges as Traders Bet on BOJ Rate Hike
The Japanese yen has seen significant gains against the US dollar on Friday, putting it on track for its strongest week in over a month.
This comes as traders increase their bets on a Bank of Japan interest rate hike and currency markets await US payrolls data.
The yen strengthened to as much as 155.25 per dollar in morning trade, just off the 155.20 high it hit last month after the July intervention.