yen
Japan’s yen up sharply after hitting 34-year low against the dollar
The yen rose sharply after hitting its weakest level in three decades against the US dollar with markets on edge about possible intervention after the Bank of Japan kept...
Weak yen pressures Bank of Japan’s interest rate decision
THE weak yen is putting pressure on the Bank of Japan to tighten monetary policy, analysts say, although it is not expected to hike its main interest rate when...
Asia: Markets mixed as global rally stalls, eyes on yen
ASIAN equities were mixed on Thursday (Apr 25) as investors turned cautious after the past three days’ sizeable gains, with Meta’s warning that it will spend far more than...
Greenback recovers from PMI slump, yen closes in on 155 per dollar
THE US dollar regained some lost ground on Wednesday (Apr 24) following big falls against the euro and sterling the day before, while the yen remained mired near 34-year...
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
THE yen hit multi-year lows against the dollar and the euro on Tuesday (Apr 23), keeping investors on heightened intervention watch ahead of this week’s Bank of Japan meeting,...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
US dollar forges higher after volatile week, yen in spotlight
THE US dollar gained against the euro and yen on Monday (Apr 22) after the most volatile week of trading in months for currency markets, as investors assessed policy...