yen
Yen rises sharply; euro hits highest this year
THE yen rose sharply on Monday (Aug 19) and the euro touched its highest this year as the US dollar retreated broadly with traders bracing for dovish signals from...
Greenback softens, yen set for weekly fall as US recession worries fade
THE US dollar fell against the yen on Friday (Aug 16), and was softer against other peers as traders took profits and investors sifted through economic data to gauge...
Yen remains weak, dollar slips as markets await US CPI data
THE yen remained weak for a second straight day on Tuesday (Aug 13) and the US dollar softened against the rest of its peers in calmer trading, as markets...
Japan’s Nikkei surges 3.5% after boost from weak yen
Japan’s Nikkei share average surged 3.5 per cent on Tuesday (Aug 13), with tech shares leading the rally as sentiment got a boost from a weaker yen as traders...
Yen dips, markets stabilise ahead of US inflation data
THE yen fell against the US dollar on Monday (Aug 12) in calmer currency market trading after volatile moves last week, while investors weighed the odds of a deep...
Yen could strengthen further if BOJ signals further tightening
The USD/JPY currency pair, which had been steadily rising since January 2024, recently broke its trendline, retreating from a peak of 161. Several factors have contributed to this shift...
Bets against Yen crater as volatility scares crowded carry trade
WILD swings in the Japanese yen and a vicious market selloff led speculative traders to pull back on bets for further weakness in the currency, according to the latest...
US dollar dips as yen heads for first weekly drop in six
THE US dollar was off a one-week high against other major currencies on Friday (Aug 9), capping off a turbulent few days as traders digested a drop in US...