Asian Currencies in Focus as Japan Warns on Yen: Markets Wrap – Yahoo Finance
(Bloomberg) — An index of Asian currencies fell for a third straight session to kick off a week that includes inflation data that may offer insight into the outlook for global interest rates, while the yen steadied after Japan’s top currency policymaker doubled down on intervention. Most read articles on Bloomberg Regional indexes also fell, […]
Japanese yen stays in focus as inflation data slows further in May – ForexLive
It was bound to be a race against time for the Bank of Japan in the first half of the year, and today’s inflation data reaffirms that view, with prices creeping ever closer to the crucial 2% mark. Where is the inflation? Japan Consumer Price Index (excluding fresh food and energy) Year-on-year change (%) The […]
Yen on guard ahead of BOJ; euro stutters with weekly loss in sight By Reuters – Investing.com
By Ray Wee SINGAPORE (Reuters) – The yen was on the defensive on Friday ahead of a Bank of Japan policy decision that could see it further tapering its massive monetary easing, while the politically fraught euro is set to slip for the week. The dollar turned higher, supported by a rise against the euro […]
Dollar firm before key inflation test; yen limps towards BOJ meeting – Yahoo Finance
Kevin Backlund TOKYO (Reuters) – The dollar hovered near a one-month high against the euro and rose to a one-week high against the yen on Tuesday as traders braced for the next day’s key U.S. inflation data and new interest rate forecasts from the Federal Reserve. The US dollar was supported by rising Treasury yields […]
US dollar rebounds from multi-month lows, yen rallies – Yahoo Finance
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Tuesday after falling overnight to its lowest against the euro, pound and Swiss franc since mid-March as investors consolidated gains in other currencies ahead of key non-farm payrolls data due later this week. However, the dollar pared its gains against […]
USD/JPY approaching 157.40 amidst broad Yen weakness – FXStreet
The US dollar/yen rose on Wednesday as yen selling continued. Yen traders will be keeping a close eye on Tokyo CPI inflation figures on Friday. This week, US GDP and PCE inflation will be key data points for rate cut hopefuls. USD/JPY moved to higher territory, trading near the $157.40 mark on Tuesday, as a […]
Yen Rebounds as Cooling US CPI Weighs on Dollar, Treasury Yields – Yahoo Finance
(Bloomberg) — The yen rose 1% overnight on Thursday, as traders bet the Federal Reserve will ease monetary policy this year on signs of easing U.S. inflation pressures. The gains expanded in Asian trading. Most Read Articles on Bloomberg Japan’s currency rose to the May 7 level of 154.32 yen to the dollar at around […]
Dollar drifts as traders await US inflation data; frail yen in focus – Yahoo Finance
Written by Uncle Banerjee SINGAPORE (Reuters) – The dollar was steady on Tuesday, while the yen hovered near a two-week low as investors awaited this week’s key inflation report that is likely to shape the U.S. interest rate outlook. This raised concerns about intervention. Currency markets remained calm this week, with investment following weaker-than-expected recent […]
Japan is not seeking a strong yen but a stable currency, David Roche says – CNBC
Veteran investor David Roche says Japan is not looking for a strong yen, but rather a relatively stable currency. The Japanese yen has been on a roller coaster, falling above $160 against the US dollar last week, its biggest decline in more than 30 years. This trend has since intensified amid speculation about two interventions […]
Dollar gains ground; subdued yen prompts Japan warning – Yahoo Finance
Written by Amanda Cooper LONDON (Reuters) – The dollar edged higher on Wednesday, recouping some of the losses from a fresh bet by the U.S. Federal Reserve to cut interest rates this year, while the yen fell for a third straight day, pushing investment The family continues to be wary of the risk of intervention […]