Dollar firm after Fed comments; yen under close watch – TradingView
The dollar weakened against major currencies on Thursday as Federal Reserve officials said they were in no hurry to cut interest rates amid low inflation and traders braced for key economic data. Rose. Meanwhile, the yen is holding steady against the dollar after Japanese financial officials indicated on Wednesday that they were prepared to intervene, […]
Intervention threat curbs dollar's ascent towards new high on the yen – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The greenback dominated on Monday, with the yen anchored near multi-decade lows, although threats of currency intervention by Japanese authorities prevented it from heading further north. The yen was previously valued at 151.25 yen to the dollar, and last week it bottomed out at 151.86 yen, the lowest […]
Japanese Yen sticks to modest intraday gains against USD, upside potential seems limited – FXStreet
The Japanese yen strengthened following the release of Japan’s consumer inflation statistics. Uncertainty over the Bank of Japan’s future policy measures does not allow for meaningful upside. A moderate USD strength could help limit losses on the USD/JPY pair. The Japanese yen (JPY) has shown a modest recovery after hitting a year-to-date low on Friday […]
Japanese Yen remains heavily offered after BoJ Governor Ueda's remarks, holds above YTD low – FXStreet
After the Bank of Japan announced its policy decision, the Japanese yen depreciated across the board. The Bank of Japan raised interest rates for the first time since 2007 and also abolished the YCC policy. Hawkish expectations from the Fed push the USD to a two-week high, supporting USD/JPY. The Japanese Yen (JPY) saw typical […]
Japanese Yen stands tall near one-month top against USD on hawkish BoJ talks – FXStreet
share: The Japanese yen continues to receive support due to expectations that the Bank of Japan will change its hawkish stance. Bets on Fed June interest rate cut hurt USD and put further pressure on USD/JPY. An upwardly revised version of Japan’s fourth-quarter GDP report contributed to the mood of expectations on Monday. […]
Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk – DailyFX
USD/JPY analysis, charts, prices JPY price,charts,analysis Verbal intervention from the central bank pushes up the Japanese yen. US PCE (13:30 UK) will be the next driver for USD prices. Download our free technical and fundamental Japanese Yen guide for Q1 2024 Recommended by Nick Corey Get Free JPY Forecast Hajime Takada, a board member of […]
Yen climbs as Bank of Japan drops the clearest hint of a looming rate hike – ForexLive
US dollar yen 5 minutes Bank of Japan board member Hajime Takada opened the door for Japan to raise interest rates and end negative interest rates. His comments caused USD/JPY to drop nearly 50 pips, slowing its gains from the beginning of the week. Although he stopped short of promising policy changes, his comments were […]
Dollar slips vs yen after Japan inflation data, US durable goods – Yahoo Finance
caroline valetkevich NEW YORK (Reuters) – The dollar weakened on Tuesday after data showed U.S. durable goods orders rose above expectations in January, while Japan’s core consumer inflation beat expectations. The yen fell. Data out of Japan the next day sustained some hopes that the Bank of Japan would end negative interest rates by April. […]
Verbal intervention from Japan – Kanda says recent yen moves are 'rapid' – ForexLive
Vice-Minister of Finance Kanda of the Ministry of Finance. He is the official who instructs the Bank of Japan to intervene if he deems it necessary. He is also called Japan’s “top currency diplomat.” The yen has been moving quickly lately. We will closely monitor FX trends with a high sense of nervousness. We will […]
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 […]