Tag Archives: Yen
Strong yen brings down Japan Inc’s high-flying success
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
Japanese yen strengthens on BOJ rate hike speculations
The Japanese yen climbs high at 145 per dollar, driven by BOJ rate hike expectations and weak US jobs data. Explore the market implications and opportunities.
Yen and Swiss franc near highs as US slowdown fears grow; sterling dips
Key points: The Japanese yen and Swiss franc traded close to multi-month highs against the dollar on Friday. An unexpected drop in U.S. manufacturing sparked fears of an economic slowdown, causing stocks and bond yields to fall sharply. See: Japanese yen on the rise as seen on the VT Markets app. Yen and Swiss francContinue Reading
Japanese market shakes as BOJ policy shift hits Nikkei
Thursday saw Japan’s Nikkei share average take a sharp tumble as the yen surged following the Bank of Japan’s (BOJ) historic monetary policy meeting on Wednesday.
Dollar recovers as Fed hints at cuts; yen firms on BOJ hawkishness
An eventful Wednesday saw the Bank of Japan (BOJ) raise interest rates to levels not seen in 15 years. This prompted traders to reassess popular carry trades before the Federal Reserve held rates steady but hinted at potential rate cuts as U.S. inflation cools.
Japan banks lead Nikkei higher following BOJ rate hike
Key points: Japan’s Nikkei share average rose on Wednesday, buoyed by banking stocks after the Bank of Japan (BOJ) raised interest rates for the second time since 2007. The Nikkei index was up 0.25% at 38,620.85 as of 0421 GMT, reversing earlier losses. The broader Topix index also turned positive, trading 0.37% higher. See: Nikkei225Continue Reading
Dollar and yen remain steady as markets await BOJ and Fed decisions
The Japanese yen took a breather from its recent rally as the BOJ began its two-day meeting on Tuesday. Last week, the yen surged over 2% against the dollar.
Yen poised for best weekly gain in three months as carry trades unravel
The yen (USDJPY) dominated currency markets this month, climbing to a near three-month high of 151.945 per dollar on Thursday. This is a major shift from its 38-year low of 161.96 per dollar at the start of the month. By Friday, the yen was at 153.66, set for a 2.5% rise for the week.
Yen climbs as investors pull back from risky trades
Key points On Thursday, the yen experienced a rise, drawing support from the unwinding of carry trades ahead of the Bank of Japan’s (BOJ) policy meeting next week. This comes as a rotation out of megacap growth stocks dampened risk appetite broadly, providing safe haven bids for the Japanese currency. Yen surges amid BOJ rateContinue Reading
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally
Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.
