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Dollar slumps to 8-week low vs. yen
The Yen Is Back in Favor as Currency Traders Shun the Dollar
A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their attention toward the Japanese yen.Interest in the yen surged Wednesday, making it the most-traded currency versus the dollar,
Dollar slumps to 8-week low vs yen as trade war risk recedes
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as investor nerves about an inflation-stoking global trade war abated. Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank official advocating continued rate hikes,
Yen at 7-week high risks revived talk of crumbling carry trades, risk-off mood.
Most traders will recall the early August stock market swoon when fears about waning U.S. economic growth sparked a bout of intense volatility. Adding to the ructions was a sharp appreciation in the Japanese yen following a Bank of Japan interest rate hike.
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Morning Bid: Alphabet flubs, Yen surges, China returns
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World Finance
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The yo-yoing yen
The yen. It is more than just Japan’s pocket change – it is a currency with global clout. Much like the nation’s ingrained ...
1d
Japanese Yen bears seem non-committed; USD/JPY remains below mid-155.00s
Investors breathed a sigh of relief after US President Donald Trump agreed to delay 25% trade tariffs against Canada and ...
Channel NewsAsia Singapore
56m
Hawkish BOJ policymaker calls for raising rates at least to 1%
The Bank of Japan must raise interest rates to at least 1 per cent by the second half of the fiscal year beginning in April, ...
10d
Yen Outperforms G-10 Peers as Haven Appeal Grows
The yen rose to its highest level in more than five weeks versus the dollar as traders sought safety in haven currencies amid ...
2d
Japanese Yen trims a part of intraday losses against USD; bullish potential seems intact
AUD/USD extends sell-off below 0.6100 in Asian session on Monday. The pair suffers from intense risk aversion, led by US ...
1d
Japanese Yen and Aussie Dollar News: Wage Growth, Services PMI, and Tariffs in Focus
Japan’s wage data, Services PMI, and BoJ rate hike bets drive yen moves. Key U.S. labor data may also impact Fed policy ...
KFGO
6d
Yen set for best January in seven years as rates path diverge
The yen was on track for its best monthly start to the year since 2018 on Friday, helped by the view that the Bank of Japan ...
1h
on MSN
Yen Strengthens, Boosted by Growing Prospects of More BOJ Rate Hikes
The yen strengthened against other G-10 and Asian currencies in the morning session, after a Bank of Japan board member’s remarks boosted prospects of more rate increases.
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