US Inflation Relief Dents Dollar, Yen Gains Ahead of BOJ
The yen was the biggest major mover on the dollar overnight, rising about 1% and extending gains in Asia, as inflation relief ...
Japan Investors Reap Benefit of Weak Yen and Tax-Exempt Scheme
Japanese retail investors enjoying the benefits of a tax-exempt investment scheme may be adding to the pain for the yen. That’s because they’ve been effectively shorting their own currency by selling ...
Yen Consolidates; Growing BOJ Rate-Hike Hopes May Support
The yen consolidated against G-10 and Asian currencies in the morning session but may be supported by growing BOJ rate-increase expectations.
Asian Stocks Primed for Gains After US Inflation: Markets Wrap
In Asia, data set for release includes producer prices in Japan, employment in Australia and a rate decision in South Korea. Bank of Korea is expected to cut borrowing costs 25 basis points to 2.75%.
Yen strengthens as Japanese bond yields hit fresh 13-year high
The Japanese yen was at its strongest versus the dollar in nine days after Japan's government bond yields hit another cycle high. The 10-year JGB yield was up 1.5 basis points early Wednesday, trading ...
Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...