FOREX-Yen gains after BOJ; AI selloff weighs on dollar

The yen headed for a third daily gain on Friday after the Bank of Japan held rates but revised up its inflation forecast while a fresh wave of selling in AI shares triggered demand for safe havens that bypassed the dollar with falling Treasury yields adding to pressure on the US currency The BOJ left its main rate at 125 in a widely anticipated move but stressed that its policy has entered a new more hawkish phase open to raising rates once every few months