© Reuters. Eisuke Sakakibara, also known as ‘Mr Yen’, has projected that Japan may intervene if the yen crosses the 150 mark against the dollar, with concerns escalating at a level of 155. Sakakibara, who is currently leading the Institute for Indian Economic Studies, expressed these views on Thursday. Sakakibara went on to suggest that
Investing.com– Most Asian currencies moved little on Thursday amid persistent concerns over hawkish signals from the Federal Reserve, while the Japanese yen rose slightly as markets watched for any intervention in currency markets by the government. The dollar remained perched at 10-month highs, with the and moving little in Asian trade. But most regional currencies
© Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/file photo By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t rule
© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar rose to a new 10-month peak on Tuesday as U.S. bond yields hit their highest level since October 2007, while the Japanese yen recovered from an early
USD/JPY closes in on eleven month highs Interest rate differentials continue to crush the Yen after BoJ stood pat last week Markets suspect it’s more likely to step in and bolster the Yen at current levels The Japanese Yen fell to a ten-month low against a generally stronger United States Dollar on Monday, pushing USD/JPY
© Reuters. On Friday, the yen fell sharply against the dollar, trading at 148.31, following the Bank of Japan’s decision to keep interest rates in negative territory. This move indicates that the bank is not in a hurry to wind down its large-scale stimulus program. Concurrently, the dollar rose by 0.2%, marking its 10th successive
© Reuters. The Japanese yen fell sharply on Friday after the Bank of Japan (BOJ) decided to keep interest rates in negative territory at -0.1 percent. This decision came just days after the Federal Reserve signaled that U.S. borrowing costs would remain high, exerting pressure on the Japanese currency and raising the possibility of government
© Reuters. Investing.com– Most Asian currencies moved little on Friday as markets continued to fret over higher U.S. interest rates, while the yen came close to 10-month lows after the Bank of Japan maintained its ultra-dovish policy. The dollar remained relatively well-bid in Asian trade, recovering a measure of overnight losses. The and rose about
US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept negative rates on hold. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi How to Trade USD/JPY The Japanese yen tumbled against the US dollar after the
Japanese Yen, USD/JPY, Technical Analysis, Retail Trader Positioning – IGCS Update Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The Japanese Yen weakened against the US Dollar in the aftermath of the Federal Reserve interest rate decision, where Chair Jerome Powell alluded to a ‘higher for longer’ monetary policy approach. In response, retail traders
