All articles tagged with #yen
Originally Published 17 days ago — by Reuters
Asian stocks reached a six-week high amid a rally in precious metals like gold and silver, driven by central bank purchases and geopolitical uncertainties, while the dollar weakened and the yen showed signs of intervention risk, as investors close out the year with optimism and caution about US monetary policy.
Originally Published 17 days ago — by The Japan Times
Tokyo's inflation rate cooled more than expected due to fading food and energy price pressures, leading to a weaker yen as markets anticipate a delay in the Bank of Japan's next interest rate hike.
Originally Published 17 days ago — by Yahoo Finance
The yen is expected to weaken further against the dollar by 2026, with forecasts suggesting it could reach 160 or beyond, due to persistent structural weaknesses, wide US-Japan yield gaps, and cautious BOJ policies, despite some recent stabilization.
Originally Published 21 days ago — by Financial Times
A Japanese official has issued a warning about the yen's sudden decline in value, highlighting concerns over its impact on the economy and currency stability.
Originally Published 21 days ago — by Reuters
Asian stock markets rose driven by Wall Street's tech gains, while the yen hit all-time lows against the euro and Swiss franc amid rising interest rates and speculative selling. The US economy is expected to show strong growth in Q3, but investor sentiment is extremely bullish, raising caution of a potential reversal. The yen's decline prompted warnings of intervention, and commodities like silver and oil saw notable gains.
Originally Published 22 days ago — by Robin J Brooks | Substack
Despite a rate hike by the Bank of Japan, the Yen continues to weaken due to persistently low long-term interest rates driven by Japan's massive public debt and ongoing government bond purchases, leading to a cycle of currency debasement that may only be addressed through fiscal consolidation, which currently lacks political support.
Originally Published 23 days ago — by Reuters
Global stocks rose with a tech-led rally on Wall Street, while the yen weakened after the Bank of Japan raised interest rates to a three-decade high, prompting potential intervention concerns. The dollar gained against the yen, U.S. bond yields increased, and oil prices rose amid geopolitical tensions and central bank decisions, indicating a cautious but optimistic market sentiment.
Originally Published 23 days ago — by AP News
The Bank of Japan raised its key interest rate to 0.75%, the highest since 1995, to combat persistent inflation, marking a shift from years of near-zero rates, which impacts borrowing costs, currency value, and global markets, amid ongoing economic challenges and a weakening yen.
Originally Published 24 days ago — by Reuters
The Bank of Japan raised interest rates as expected but provided little guidance on future policy, leading to a broad weakening of the yen, which hit a record low against the euro. Ueda's vague comments and dissenting board members' views contributed to market uncertainty, while other major central banks like the ECB and BoE took different stances on monetary policy. The euro and sterling experienced modest movements amid mixed signals from global monetary authorities.
Originally Published 24 days ago — by CoinDesk
Bitcoin surged above $87,000 following the Bank of Japan's rate hike to 0.75%, the highest in nearly 30 years, which caused the Japanese yen to weaken. The rate increase was expected and did not trigger a significant yen-buying response, as market participants anticipated continued low rates compared to the US. The move reflects Japan's ongoing shift away from ultra-loose monetary policy, with Bitcoin's price influenced by global market reactions and investor sentiment.
Originally Published 24 days ago — by BBC
Japan's central bank has raised its interest rate to 0.75%, the highest in 30 years, in an effort to combat inflation, marking a significant shift after decades of low rates, amidst a global trend of easing monetary policy.
Originally Published 24 days ago — by CNBC
The Bank of Japan raised its short-term interest rates to 0.75%, the highest in 30 years, leading to a rise in 10-year government bond yields and a weakened yen, as part of its policy normalization amid persistent inflation and economic challenges.
Originally Published 24 days ago — by CNBC
The Bank of Japan is expected to raise interest rates to 0.75%, the highest in 30 years, as part of its policy normalization, despite Japan's economic contraction and ongoing inflation concerns. The decision aims to strengthen the yen and contain inflation, but may further slow the economy. Market focus will be on the BOJ's communication regarding the pace of future hikes and the neutral rate, amid ongoing debates about the timing and impact of these policy changes.
Originally Published 28 days ago — by CNBC
The US dollar declined against the yen and Swiss franc amid a busy week of central bank decisions and US economic data releases, with expectations of a Bank of Japan rate hike and potential rate changes by the ECB and Bank of England. Key US data, including jobs and inflation reports, are awaited to clarify the Federal Reserve's policy outlook, while cryptocurrencies like Bitcoin and Ether continue to decline.
Originally Published 28 days ago — by Seeking Alpha
The Bank of Japan is expected to raise interest rates for the first time in 11 months, which could trigger a yen carry trade unwind and lead to yen appreciation, impacting global markets and currency strategies.