Mumbai, Sept. 3 -- The Japanese yen strengthened past 158 per dollar in Asian trade, supported by growing expectations of a September BoJ rate hike after Governor Ueda signalled that policymakers will assess the case for further tightening. While the move remains unconfirmed, markets are pricing in a near-certain 25 bps hike, lending further support to the yen. Focus now turns to Friday's US NFP and unemployment data, which could provide fresh cues on the Federal Reserve's policy trajectory and drive volatility in Yen.

Published by HT Digital Content Services with permission from Capital Market....