Yen Hits Eight-Month High as Focus Shifts to US Politics, BOJ Rate Hikes

RATE YEN JEPANG - TOKYO. The safe-haven yen hit its highest since the start of the year against the dollar on Wednesday as U.S. presidential contenders Kamala Harris and Donald Trump kicked off their first debate, with candidates neck-and-neck ahead of the November poll.

Traders were also waiting nervously for a key inflation report that could provide clues on how aggressively U.S. rates would be cut next week.