Japanese Yen
The Latest
-
Rising Dollar Strengthens as Yen Weakness Triggers Intervention Warnings from Japan
The dollar gained momentum on Wednesday, bouncing back from recent lows driven by expectations of Federal Reserve rate cuts, while the Japanese yen continued its decline, prompting official warnings from Tokyo about potential market interventions. This movement in currency markets highlights a tense dynamic as central banks globally adjust their policies in response to shifting economic signals. The dollar gained momentum on Wednesday, bouncing back from recent lows driven by expectations of Federal Reserve rate cuts, while the Japanese yen continued its decline, prompting official warnings from Tokyo about potential market interventions. This movement in currency markets highlights a tense dynamic as central banks globally adjust their policies in response to shifting economic signals. -
Yen Rallies Amid Suspected Japanese Intervention; U.S. Dollar Dips Ahead of Key Jobs Report
The Japanese yen experienced a significant rally that market analysts and traders widely attributed to suspected intervention by Japanese authorities. This development occurred during a period of low market activity, just after the U.S. Federal Reserve concluded its policy meeting, where Fed Chair Jerome Powell hinted at delayed interest rate cuts due to persistently high inflation. The Japanese yen experienced a significant rally that market analysts and traders widely attributed to suspected intervention by Japanese authorities. This development occurred during a period of low market activity, just after the U.S. Federal Reserve concluded its policy meeting, where Fed Chair Jerome Powell hinted at delayed interest rate cuts due to persistently high inflation. -
Japanese Yen Surges Against U.S. Dollar Amid Suspected Intervention by Authorities
The Japanese yen experienced a sudden surge against the U.S. dollar on Monday, with traders citing suspected intervention by Japanese authorities to support the currency, which has been languishing at levels last seen over three decades ago. The dollar fell sharply to a low of 154.40 yen from as high as 160.245 earlier in the day, with banking sources reporting Japanese banks selling dollars for yen. The Japanese yen experienced a sudden surge against the U.S. dollar on Monday, with traders citing suspected intervention by Japanese authorities to support the currency, which has been languishing at levels last seen over three decades ago. The dollar fell sharply to a low of 154.40 yen from as high as 160.245 earlier in the day, with banking sources reporting Japanese banks selling dollars for yen. -
USD/JPY Above 150 Puts Traders On Alert
Higher Treasury yields are weighing on Asia-Pacific markets as the week comes to a close. Higher Treasury yields are weighing on Asia-Pacific markets as the week comes to a close. -
China's Remnibi, Yuan Against Dollar Revealed
An expert claimed that the US dollar has been waning as the most sought-after currency in times of uncertainty. An expert claimed that the US dollar has been waning as the most sought-after currency in times of uncertainty. -
Investors Wary About Potential Containment Measures Over The Rise Of Virus Cases
Asian stocks fell this Monday as investors continue to feel reluctant about the increasing number of pandemic cases. Asian stocks fell this Monday as investors continue to feel reluctant about the increasing number of pandemic cases. -
USD Drops As Fed Looks To Hike Balance Sheet To $700 Billion
Analysts see further weakness in US dollar, pulled by series of aggressive Fed easing and shift in tactical risk. Analysts see further weakness in US dollar, pulled by series of aggressive Fed easing and shift in tactical risk. -
US Manufacturing Sector To Experience Significant Rises, Expert Claim
US stocks were seen to have been improving during the first trading day of Chinese financial markets since January 23, 2020 and that the results indicated that the US manufacturing sector may expand further. US stocks were seen to have been improving during the first trading day of Chinese financial markets since January 23, 2020 and that the results indicated that the US manufacturing sector may expand further. -
Two Safe-Haven Currencies Flocked By Investors
The US dollar has experienced its two-month high despite the coronavirus epidemic while the Japanese Yen and Swiss franc were referred to as safe-haven currencies. The US dollar has experienced its two-month high despite the coronavirus epidemic while the Japanese Yen and Swiss franc were referred to as safe-haven currencies. -
Japan Reveals Newly Redesigned Banknotes With Updated Security Features
Japan has revealed its new banknote designs, which will feature new anti-counterfeiting measures as well as new figures of Japanese cultural and business icons. Japan has revealed its new banknote designs, which will feature new anti-counterfeiting measures as well as new figures of Japanese cultural and business icons.