Yen weakens after BOJ holds rates steady, Fed boosts dollar

By Karen Brettell NEW YORK (Reuters) -The Japanese yen tumbled against the U.S. dollar on Thursday after the Bank of Japan adopted a less hawkish tone than traders expected, while the greenback was boosted after Federal Reserve Chair Jerome Powell on Wednesday said a rate cut in December was not guaranteed. The Bank of Japan kept interest rates steady and BOJ Governor Kazuo Ueda sent the strongest signal yet that a rate hike was possible as soon as December, depending on the outlook for wages next year. ...