Japanese Yen remains subdued as Fed’s Powell says 50 bps cuts are not a new pace – FXStreet
The Japanese yen fell after Fed Chairman Powell stressed that a 50 basis point rate cut was not a “new pace.” Hawkish views on the Bank of Japan could limit the yen's decline. Federal Reserve policymakers raised their longer-term outlook for the federal funds rate to 2.9% from 2.8%. The Japanese Yen (JPY) pared intraday […]
Japanese Stocks Rise as Yen Weakens While Investors Await BOJ – Yahoo Finance
(Bloomberg) — Japanese stocks rose as the yen weakened after Federal Reserve Chairman Jerome Powell warned against assuming further deep interest rate cuts, while investors await the Bank of Japan’s decision on Friday. Most read articles on Bloomberg The Tokyo Stock Price Index rose 2.5% as of 10:43 a.m. Auto and electronics exporters were the […]
Japanese Shares Gain on Yen as Traders Debate Fed: Markets Wrap – Yahoo Finance
(Bloomberg) — Japanese shares rose on a weaker yen, but other Asian shares were mixed as traders debated the size of the U.S. Federal Reserve’s interest rate cut later on Wednesday. Most read articles on Bloomberg Japan's stock indexes rose sharply at the open as a weaker yen in New York boosted the outlook for […]
ForexLive Asia-Pacific FX news wrap: Yen volatility again – ForexLive
High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
Dollar slumps 1% versus yen as US election debate gives Harris momentum – Yahoo Finance
Kevin Backlund TOKYO (Reuters) – The dollar fell more than 1 percent against the yen on Wednesday to its lowest this year after Senator Kamala Harris put rival Donald Trump on the defensive in the only scheduled debate of the U.S. presidential election. The yen was forced to rise further after Bank of Japan board […]
Dollar tentative, yen dips on muddled Fed rate-cut outlook – Yahoo Finance
By Ray Wee SINGAPORE (Reuters) – The dollar remained in a narrow range on Monday while the yen pared some safe-haven gains as investors remained undecided about the size of a U.S. Federal Reserve interest rate cut expected later this month and looked to U.S. inflation data due this week for further clues. The highly […]
Japanese Yen advances as BoJ Governor Ueda indicates further rate hikes – FXStreet
The Japanese yen rose following hawkish comments from Bank of Japan Governor Ueda in the Diet. The diverging policy outlook of the two central banks has caused the USD/JPY pair to fall. The US dollar fell following Fed Chairman Powell’s dovish tone at the Jackson Hole Symposium. The Japanese Yen (JPY) has continued to rise […]
Yuan Carry Trade Prospers Even After Yen Version Collapses – Yahoo Finance
(Bloomberg) — The wildly popular yen carry trade went belly-up this month as the Japanese currency surged, leaving this little-known strategy seemingly less susceptible to such shocks. Most read articles on Bloomberg Royal Bank of Canada expects trades borrowing yuan to buy higher-yielding assets to be firmer as the People’s Bank of China keeps monetary […]
Japanese Yen rises due to increasing odds of a further BoJ rate hike – FXStreet
The Japanese yen has strengthened as traders expect the Bank of Japan to raise interest rates further in the near future. Machinery orders in Japan rose 2.1% in June from the previous month, beating expectations of a 1.1% increase. The US dollar weakened as dovish comments from the Federal Reserve increased the likelihood of a […]
Japanese flows and yen show markets recovering from BOJ scare – Yahoo Finance
Gaurav Dogra and Brigid Riley (Reuters) – Japanese investment data on Friday confirmed what the yen’s slide all week had been suggesting: that after a frightening burst of uncertainty, global investors were again betting the Bank of Japan would slow the pace of interest rate hikes and keep the yen weak. Japanese investors poured more […]