Yen strengthens past ¥140 against dollar ahead of rate decisions
WEB4 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 falls as BOJ governor steers clear of rate hike talk
WEB19 hours ago · The dollar rose 0.74% to 143.65 yen , close to an overnight high of 143.95 on Governor Kazuo Ueda's remarks after the BOJ kept unchanged its overnight call rate target at 0.25% by a unanimous vote ...
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.
Japan confirms $36.8 billion yen intervention as BOJ hikes rates
WEBJul 31, 2024 · Japan's latest intervention in the foreign exchange market comes shortly after the yen fell to a 38-year low against the U.S. dollar. In late May, the Japanese …
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 rebound signals Japanese government intervention, traders say
WEBApr 29, 2024 · The weaker yen has boosted inbound tourism and fuelled a surge in corporate profits earned overseas. But business leaders in recent weeks have called on the government to act since the...
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 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...
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.
Japanese yen surges, ringing intervention alarm bells
WEBJuly 11 (Reuters) - The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a...