Golden Finance reported that the yen weakened against most other G10 and Asian currencies in early trading due to the prospect of a slow rate hike by the Bank of Japan in 2025. Lloyd Chan, an analyst at Mitsubishi UFJ Financial Group, said in a research note that market participants have postponed expectations for the next Bank of Japan interest rate hike to March. The senior foreign exchange analyst said they had expected the Bank of Japan to raise interest rates in December 2024 or January 2025. At the same time, long-term U.S. Treasury yields are likely to remain high, supported by U.S. President-elect Trump's inflationary policies such as trade tariffs, which could further boost the dollar. (Golden Ten)