2024-11-19 | Current Affairs
The Japanese yen found some relief on Tuesday, strengthening to 154.40 per dollar after a recent slide, as the U.S. dollar pulled back from its one-year high amid profit-taking. The yen rose 0.2% in early trading, recovering from losses following Bank of Japan (BOJ) Governor Kazuo Ueda’s speech, which offered no new insights on a potential rate hike in December.
2024-08-23 | Current Affairs
Asian shares remained cautious on Friday, while the U.S. dollar rebounded from its lowest levels in a year, as investors turned their attention to an upcoming speech by Federal Reserve Chair Jerome Powell. Markets are looking for confirmation that U.S. interest rate cuts will begin in September.
2024-08-08 | Market Dive
The Yen (JPY) is truly squeezing the financial world. After reaching its 7-month high, Yen triggered a massive sell-off in the global market.
2024-08-02 | Current Affairs
The Japanese yen and Swiss franc have risen to multi-month highs against the dollar following a sharp decline in U.S. manufacturing, which has stoked fears of an economic downturn and led to widespread losses in stocks and bonds.
2024-07-18 | Current Affairs
On Thursday, the Japanese yen reached a six-week high, fueling speculation about possible government intervention. This development comes as the dollar faces widespread declines in anticipation of potential U.S. interest rate cuts in the coming months.
2024-07-09 | Current Affairs
Japan is poised to redirect a significant portion of its substantial dollar reserves back into yen, a move that could significantly impact global financial markets due to the scale of the assets involved.
2024-05-30 | Current Affairs
Japan authorities are shifting their focus toward structural economic issues contributing to the ongoing depreciation of the yen, moving beyond mere market interventions which have shown limited effectiveness in halting the currency’s decline.
2024-05-10 | Market Dive
Yen has recently undergone dramatic fluctuations, grabbing the attention of traders. Explore the causes of Yen’s recent fluctuations and economic implications
2024-03-29 | Market Dive
After 17 years, the Bank of Japan’s historic rate hike signifies a big shift in monetary policy. Dive into the impact on the Nikkei, yen, and global markets
2024-03-29 | Market Dive
