The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian and New Zealand dollars surged on U.S. President Donald Trump's comments suggesting a softer stance on tariffs against China.
The Japanese Yen continues to draw support from the BoJ's hawkish interest rate hike on Friday. The divergent BoJ-Fed outlook and narrowing US-Japan yield differential favor the JPY bulls. Fed rate cut bets could act as a headwind for the buck and further cap gains for the USD/JPY pair.
The yen saw a sharp price swing against the dollar on Tuesday following the latest tariff remarks by US President Donald Trump. During Tokyo trading, the Japanese currency briefly fell after Trump ...
Another 0.25 percentage-point hike to Japanese rates has come and gone without markets batting an eye. That is surely the point of the central bank’s drive to normalise monetary policy. With wages and prices on the up,
The Japanese Yen gained some ground compared to the US Dollar in early trading on Monday, ahead of US President Donald Trump’s inauguration. Speculations that the Bank of Japan (BoJ) will hike ...
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan.
Donald Trump’s inauguration adds uncertainty to USD/JPY trends. Plans for punitive tariffs may spark risk aversion, prompting a flight to safety. This could unwind Yen carry trades, dragging USD ...
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
TOKYO/SEOUL (Reuters) -Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike sent it tumbling to a near one-month low against the Japanese currency.
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.
The yen rose after the Bank of Japan hiked rates on Friday and revised up its inflation forecasts, while the dollar touched a one-month low after U.S. President Donald Trump suggested a potentially softer stance on tariffs against China.