Yen rises to 8-week high on BOJ hike bets, receding trade war risk
The yen climbed to an eight-week top versus the U.S. dollar on Thursday after a Bank of Japan policy board member advocated continued interest-rate hikes. The dollar hovered near the lowest level since the start of last week against a basket of peers that includes the yen,
Yen is back in favour as currency traders shun the US Dollar
The BOJ raised rates last month and swap markets are already pricing in an about 75% probability of another increase as soon as July.
Yen at 7-week high risks revived talk of crumbling carry trades, risk-off mood.
Most traders will recall the early August stock market swoon when fears about waning U.S. economic growth sparked a bout of intense volatility. Adding to the ructions was a sharp appreciation in the Japanese yen following a Bank of Japan interest rate hike.
Dollar slumps to 8-week low vs yen as trade war risk recedes
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as investor nerves about an inflation-stoking global trade war abated. Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank official advocating continued rate hikes,
Dollar Hits 8-Week Low Against Yen Amid Trade War Concerns and Rate Speculations
The U.S. dollar slumped to an eight-week low against the yen and hovered near a one-month low versus the British pound as trade war fears eased. Investors are reassessing the Federal Reserves rate outlook while the Bank
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
What the weak yen might mean for Switch 2 pricing
When the Switch launched in early 2017, a single dollar could get you about 114 Japanese yen, a rate broadly in line with the ...
EconoTimes18h
Japanese Yen Hits Two-Month High as BOJ’s Tamura Signals Rate Hikes
The Japanese yen strengthened on Thursday, reaching a nearly two-month high as Bank of Japan (BOJ) board member Naoki Tamura ...
Morning Bid: Alphabet flubs, Yen surges, China returns
Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...
World Finance1d
The yo-yoing yen
The yen. It is more than just Japan’s pocket change – it is a currency with global clout. Much like the nation’s ingrained ...
Yen Leads Further Unwinding Of The Dollar's Tariff-Threat Inspired Gains
Stronger than expected wage growth and softer US 10-year yields has driven the yen to new highs for the year, to lead the major currencies with more than a 1% gain. Among emerging market currencies, ...
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Yen set for best January in seven years as rates path diverge
The yen was on track for its best monthly start to the year since 2018 on Friday, helped by the view that the Bank of Japan ...
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Bain is said to near 500 billion yen deal for Mitsubishi pharma unit
BAIN Capital is nearing a deal to buy Mitsubishi Chemical Group’s pharmaceutical unit, sources familiar with the matter said, ...
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Cristiano Ronaldo and Lionel Messi As Teammates? CR7 Unveils How It Almost Happened
Cristiano Ronaldo has shared the untold story of how he nearly became teammates with Lionel Messi when FC Barcelona tried ...