The yen rose to its highest level in more than five weeks versus the dollar as traders sought safety in haven currencies amid a sharp selloff in global tech stocks. The Japanese currency ...
The Yen carry trade, borrowing Yen at low interest and investing in higher-return assets, has surged despite BOJ's July 2024 rate hike. BOJ's 0.25% rate hike in July 2024 strengthened the Yen ...
The yen was alone among Group-of-10 currencies in rising against the dollar on Tuesday as traders wagered that Donald Trump’s first salvo on tariffs won’t stop a potential interest rate hike ...
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Currency analysts at Spectra Markets consider that there is scope for the Japanes Yen to weaken further against the U. S. BoJ tightening expected, may end negative rates. USD/JPY forecasted to ...
Sterling falls sharply versus yen BoJ to debate raising rates next week Bank of England expected to ease monetary policy Analysts say could be too soon to expect sterling rebound Jan 16 (Reuters ...
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates. After a flattish open, major US indices ...
The yen rose as much as 0.8% to 154.845 per dollar following the policy decision, but pared gains after Ueda's news conference. The two-year JGB yield briefly rose to 0.725%, a level last seen in ...
(Photo courtesy of Oriental Consultants Global Co., Ltd.)(Kyodo) TOKYO (Kyodo) -- Japan will provide Indonesia with an additional 83.4 billion yen ($530 million) in low-interest loans for an ...
Second, the Japanese yen, undervalued by about 40% on a purchasing power parity basis, is a dangerous anomaly. As the currency hovers at 155 per dollar and former officials warn of possible ...