Category: BOJ

  • BOJ maintains rate hike outlook despite yen surge — MUFG

    USDJPY Daily Mitsubishi UFJ Financial Group highlights that the Bank of Japan continues to signal a potential rate hike despite the recent strength of the yen, as higher yields are expected to limit appetite for selling the yen. Key points: Bank of Japan’s position: The Bank of Japan did not…

  • BOJ maintains rate hike outlook despite yen surge — MUFG

    USDJPY Daily Mitsubishi UFJ Financial Group highlights that the Bank of Japan continues to signal a potential rate hike despite the recent strength of the yen, as higher yields are expected to limit appetite for selling the yen. Key points: Bank of Japan’s position: The Bank of Japan did not…

  • Forexlive Asia-pacific FX news wrap 27 Aug:JPY moves lower helped by BOJ Himino’s comments

    The early Asia-Pacific session saw the Australian dollar emerge as the strongest among the major currencies while the yen was the weakest. Basically, the Australian CPI came in slightly above expectations at 3.5% vs. 3.4%, but the good news is that it appears to be moving lower after peaking at…

  • ForexLive Asia-Pacific FX news wrap: USD/JPY fell back under 145.50 as BoJ Gov Ueda spoke

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Unwinding of carry trade roadblock for BoJ hikes but not Fed cuts

    Investing.com – The recent sharp rise in the yen, as a result of the unraveling of the “yen carry trade,” may be a barrier to further increases by the Bank of Japan, but not a barrier to Federal Reserve cuts, Goldman Sachs analysts said. At 07:00 ET (11:00 GMT), the…

  • Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation By Investing.com

    Most Asian currencies rose on Thursday, with the Australian dollar making strong gains after Reserve Bank of Australia Governor Michelle Bullock said the bank would not hesitate to raise interest rates further to curb inflation. The Japanese yen also rose, steadying after falling in the previous session as data from…

  • BOJ Summary – one monetary policy board member suggested the neutral rate is at least 1%

    Summary of the Bank of Japan’s views at the monetary policy meeting on July 30-31 Many members see economic activity and prices developing in line with the BOJ’s expectations. Some see scope for raising “very low” interest rates, pointing to negative real interest rates at 25-year lows. Opinions divided on…

  • Yen dives as BOJ plays down chance of hikes, soothing markets By Reuters

    By Hannah Lang and Harry Robertson NEW YORK/LONDON (Reuters) – The yen fell on Wednesday after a senior Bank of Japan official played down the chances of a near-term interest rate hike, calming investor concerns that any further rise in the Japanese currency could rattle global markets again. The yen…

  • Dollar edges higher,yen falls after BOJ rules out another rate hike, for now By Investing.com

    Investing.com – The U.S. dollar rose slightly on Wednesday, while the Japanese yen fell after the Bank of Japan tried to calm troubled waters by signaling it would not raise interest rates again while markets remain volatile. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against…

  • Stocks Rally, Yen Drops as BOJ Eases Rate Worries: Markets Wrap

    (Bloomberg) — Stocks rose after the Bank of Japan moved to reassure markets following historic volatility sparked in part by an unexpected interest-rate hike last week. Most Read from Bloomberg The Stoxx Europe 600 index rose 0.5%, with progress slowed by disappointing earnings reports from some of the region’s biggest…

  • Asia FX muted as dollar steadies; yen tumbles as BOJ downplays rate hikes By Investing.com

    Most Asian currencies fell on Wednesday as the dollar regained more ground after recent declines, while the yen fell sharply after Bank of Japan officials downplayed expectations of a rate hike. Sentiment towards regional markets remained fragile, especially after concerns about a recession in the United States caused risk-oriented assets…

  • Asia stocks extend gains, yen retreats after BOJ talks down rate hikes By Reuters

    By Wayne Cole and Stella Chiu SYDNEY (Reuters) – Asian stock markets extended gains on Wednesday, led by a rebound in the U.S. dollar after the Bank of Japan unexpectedly signaled it was unwilling to raise interest rates again amid volatile markets, sending the yen sharply lower. The Nikkei rose…

  • More from BOJ dep Gov Uchida: Appropriate to adjust degree of monetary easing

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Citi recommends defensive stance on Japan amid BOJ uncertainty, recession fears By Investing.com

    Japanese stocks are expected to gradually recover in September and October, analysts at Citigroup said, but they recommended a defensive stance in the market amid uncertainty over the Bank of Japan and the U.S. economy. Japanese stocks have been hit hard by the global meltdown in financial markets this week,…

  • Asia FX firms on rate cut bets, yen at 5-mth high on hawkish BOJ By Investing.com

    Most Asian currencies rose on Thursday as the dollar fell after the Federal Reserve signaled an interest rate cut was imminent, while the Japanese yen hit a five-month high amid hawkish signals from the Bank of Japan. But the Chinese yuan lagged its peers, as did the Australian dollar in…

  • BOJ shift gives yen a shake and causes reassessment of popular FX trade By Reuters

    By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Bank of Japan’s move to raise interest rates to a 15-year high pushed the yen to its highest level against the dollar since March and left it poised for further gains as investors reassess lucrative carry trades that had previously…

  • BOJ says wages could come in hotter than expected in latest quarterly outlook report

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • BOJ Unexpectedly Hiked Rates by 0.15% While Unanimously Voting to Taper Bond Purchases

    The Bank of Japan surprised markets when it announced its decision to raise interest rates by 0.15% from The post BOJ Unexpectedly Hiked Rates by 0.15% While Unanimously Voting to Taper Bond Purchases first appeared on Investorempires.com.

  • Dollar slips ahead of Fed decision; yen soars after BOJ hike By Investing.com

    Investing.com – The U.S. dollar fell on Wednesday ahead of the conclusion of the Federal Reserve’s latest interest rate-setting meeting, while the Japanese yen rose after the Bank of Japan tightened monetary policy. At 05:20 ET (09:20 GMT), the dollar index, which tracks the greenback against a basket of six…