Japanese Yen bears not ready to give up amid doubts over BoJ's rate-hike plan – FXStreet
The Japanese yen hit a new monthly low against the US dollar on Friday. The yen continues to fall as expectations for the Bank of Japan's interest rate hike in December fade. Rising US Treasury yields support the US dollar and the USD/JPY pair. The Japanese yen (JPY) pared some of its intraday losses against […]
Shares rise ahead of Nvidia results; BOJ's Ueda offers few rate hints By Reuters – Investing.com
Written by Lei Wee SINGAPORE (Reuters) – Global stock markets got off to a strong start this week ahead of Nvidia's (NASDAQ:) long-awaited results, but in Japan, a speech by the central bank governor left markets wondering about the country's interest rate outlook. I took a more enlightened view. Bank of Japan Governor Kazuo Ueda […]
BoJ's Ueda: It's taking us time to get to 2% inflation – FXStreet
Bank of Japan Governor Kazuo Ueda said late Wednesday that the BOJ remains committed to stimulating inflation expectations in Japan. Most of the world's major central banks have focused on cutting interest rates in the face of falling inflation after price increases outpaced incomes for longer than expected, but Japan has never seen the flames […]
Japanese Yen softens to 148 against USD, BoJ's hawkish tilt could limit losses – FXStreet
share: The Japanese yen has been struggling to take advantage of the recovery from the previous day’s year-to-date low. Hawkish expectations from the Fed will support the USD and further support the USD/JPY pair. Betting on an imminent change in the Bank of Japan’s policy stance will help limit the yen’s downside. The […]