Yen strengthens past ¥140 against dollar ahead of rate decisions
WEB3 days ago · The yen has risen 13.5% ... The Japanese currency has risen 13.5 per cent against the dollar since mid-July as investors expect the Federal Reserve to begin cutting interest rates from a 23-year ...
Yen Jumps After Bank of Japan Lifts Rates - The Wall Street Journal
WEBJul 31, 2024 · The yen surged, after the Bank of Japan raised interest rates, signaled further policy tightening is likely, and and cited concerns about the historically weak currency.
Hot Spots From Yen Carry Trade to Resurgent EM Asia Gird for Fed
WEB2 days ago · A potential decision by the Federal Reserve this week that triggers a rally in the yen may unsettle emerging-market investors, reviving memories of the global volatility seen in August. Last month ...
Yen gains on reports of possible BOJ hike to 0.25% | Reuters
WEBJul 30, 2024 · The Japanese yen gained on Tuesday on news reports that the Bank of Japan is considering raising rates to 0.25% when it concludes its two-day meeting on Wednesday.
Bank of Japan raises its key interest rate, aiming to curb yen's slide ...
WEBJul 31, 2024 · TOKYO (AP) — The Bank of Japan raised its key interest rate Wednesday to about 0.25% from a range of zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar. The move was widely expected, and the yen gained sharply against the dollar ahead of and after Wednesday’s decision, trading below 152 yen.
Yen rises after Japan ramps up intervention warning; US data …
WEBNov 1, 2023 · LONDON/NEW YORK (Reuters) - The struggling yen rose from a one-year low against the U.S. dollar and a 15-year trough versus the euro on Wednesday on threats of intervention from Japanese...
Yen rebound signals Japanese government intervention, traders say
WEBApr 29, 2024 · The yen has lost around 10 per cent of its value against the dollar since the start of the year, hit by the prospect that the US Federal Reserve may need to keep borrowing costs higher for...
Market Hunts for Signs of Yen Intervention in Fed Accounts
WEBMay 2, 2024 · Fresh data on the Federal Reserve’s various accounts hints at two potential ways Japanese policy makers may have funded currency interventions this past week to bolster the yen.
Japan Likely Spent About $23 Billion in Latest Yen Intervention
WEBMay 2, 2024 · Japan likely conducted its second currency intervention this week, current account figures from the central bank suggest, in another sign of the government’s intensified battle to prop up the...
Yen sinks to 34-year low after Bank of Japan holds ... - Financial Times
WEBApr 26, 2024 · The Japanese currency traded as low as ¥157.78 to the dollar after BoJ governor Kazuo Ueda said the weakness of the yen was so far having “no major impact” on Japanese inflationary pressures,...