Dollar slips after weak data while yen ticks up By Reuters
© Reuters. FILE PHOTO: A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the […]
Asia FX weakens on recession woes, yen supported by yield cap bets By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The was the best performing Asian currency for […]
Dollar edges lower, while yen slumps after BOJ’s surprise inaction By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Wednesday, with the focus mainly on the falling Japanese yen after the Bank of Japan maintained its accommodative stance, bucking expectations for a hawkish policy shift. At 03:05 ET (08:05 GMT), the , which tracks the greenback against a […]
Analysis-Japan’s yen feels the heat from hard-line BOJ policy By Reuters
© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/File Photo/File Photo By Rae Wee SINGAPORE (Reuters) – Japan’s yen, long favoured as a safe-haven and funding currency, has in recent weeks become so enmeshed in market speculation over central bank policy that Wednesday’s decision […]
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY
Japanese Yen Talking Points: Recommended by James Stanley Get Your Free JPY Forecast Trends are important things in markets because it can help with biasing directional moves. While the future will remain uncertain, trends populate often and there’s usually a good reason for doing so. In the FX market, that rationale often revolves around a […]
Yen lower as BOJ sticks to ultra-easy policy, losses trimmed By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The yen dropped against major currencies on Wednesday after the Bank of Japan maintained ultra-low interest rates, although it recovered some ground on expectations […]
Market Update – January 18 – BOJ Sticks to Accommodative Policy – YEN Dives
BOJ keeps YCC policy unchanged, Kuroda “will not hesitate to increase easing if necessary”. DOVISH !! – Downgraded economic forecasts – Growth 2023 – 1.7% vs. 1.9% & 2024 1.1% vs. 1.5%. Inflation forecast raised to 1.8% vs. 1.6%. YEN tanked (USDJPY +2.6% at one point). Bonds rallied, the 10-yr […]
Asia FX slips on recession fears, yen battered by dovish BOJ By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies fell on Wednesday amid growing concerns over a global economic slowdown this year, with the Japanese yen plummeting after the Bank of Japan maintained its accommodative stance. The was the worst-performing Asian currency for the day, tumbling 2.6% to 131.47 against the dollar – one […]
Japanese yen, bond yields tumble after BOJ holds yield control range By Investing.com
By Ambar Warrick Investing.com– The Japanese yen and benchmark bond yields fell sharply on Wednesday after the Bank of Japan maintained its yield curve control range, ducking market expectations for a further widening in the bank’s policy. The fell over 2% to 130.97 against the dollar, pulling back sharply from an eight-month high hit earlier this […]
Japanese Yen Crushed as Bank of Japan Disappoints, Policy Settings Left Unchanged
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