- December 22nd, 2024
The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
The Japanese yen found some stability on Tuesday, trading on the stronger side of 155 per dollar, as the U.S. dollar retreated from its recent highs. The respite follows a remarkable rally by the greenback, which reached a one-year peak,...
After two years of enduring relentless declines, the Japanese yen may finally be poised for a turnaround. Analysts and market strategists predict the yen could strengthen against the US dollar, fueled by anticipated policy shifts from the Bank of Japan...
The yen fell sharply against the dollar on Tuesday, slipping over 1%, as early election results from the United States appeared to hint at a potential advantage for Republican candidate Donald Trump over Democratic incumbent Kamala Harris. The currency's dip,...
As the yen heads for its largest monthly loss since 2016, markets watch closely for shifts from the Bank of Japan and key U.S. economic data ahead of the presidential election. The Japanese yen continued to face intense pressure on...
The Japanese yen dropped to a three-month low on Monday, weakening by as much as 0.8% against the US dollar, as markets reacted to election results showing Japan’s ruling coalition, led by the Liberal Democratic Party (LDP) and its partner...