Category: yen

  • US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut By Reuters

    (This Sept. 13 story has been refiled to remove Mellon’s BNY name in paragraph 8.) By Gertrude Chavez-Dreyfus and Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar fell to its lowest level in nearly nine months against the Japanese yen on Friday after media reports rekindled speculation that the…

  • Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters

    By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…

  • Fed Interest-Rate Cut Hopes Lift Yen, Boost Bonds: Markets Wrap

    (Bloomberg) — Bonds rose as traders braced for the U.S. Federal Reserve to cut interest rates, expectations that also lifted the yen. Most Read from Bloomberg Stock markets began a crucial week with quiet moves, with Europe’s benchmark STOXX 600 index down while US stock futures were flat as investors…

  • Asia FX firms with yen near 8-mth high; dollar down on rate cut bets By Investing.com

    Asian currencies rose on Friday, while the dollar fell as markets bet the Federal Reserve will begin an easing cycle starting next week, with the focus squarely on the scope of a potential interest rate cut. The Japanese yen was the best performer among its Asian counterparts, approaching its strongest…

  • Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate By Investing.com

    Most Asian currencies rose on Wednesday as the dollar weakened in the wake of a heated U.S. presidential debate, with focus shifting to key inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of the trade, with safe-haven demand after the discussion sending the…

  • Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test By Reuters

    By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Wednesday while riskier currencies such as the Australian dollar and the British pound fell as traders rushed to take on risk after the worst sell-off in nearly a month on Wall Street and heavy losses in Asian shares.…

  • Yen on the move in early Asia Monday trade

    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…

  • Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak By Investing.com

    Most Asian currencies remained in a tight range on Friday as the dollar held onto recent gains in anticipation of key inflation data that is likely to influence interest rate expectations. The Japanese yen strengthened, approaching levels seen at the start of the month, as strong inflation data from Tokyo…

  • 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…

  • Asia FX weakens amid China trade jitters; yen rally stalls By Investing.com

    Most Asian currencies fell on Tuesday as concerns about a trade war over new Canadian tariffs on China mounted, while some weak inflation data held back the Japanese yen’s advance. The dollar’s ​​recovery from 13-month lows also weighed on regional markets, as rising geopolitical tensions in the Middle East, Libya…

  • Dollar drops against yen but broadly stable after last week’s decline By Reuters

    By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors assessed the possibility that the U.S. Federal Reserve will soon begin a series of interest rate cuts. The…

  • Asia FX firms, yen strong as rate cut bets put dollar at 13-mth low By Investing.com

    Most Asian currencies rose on Monday, with the Japanese yen rising sharply amid growing bets that the Federal Reserve will cut interest rates in September, putting the dollar at a 13-month low. Most regional currencies extended their gains from last week, especially after comments from Federal Reserve Chairman Jerome Powell…

  • Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikes By Investing.com

    Most Asian currencies rose on Friday as the dollar’s recovery slowed ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell, where he is expected to provide further signals on interest rate cuts. The Japanese yen was the best performer in Asia, extending a rally seen earlier this…

  • Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com

    Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…

  • Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com

    Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…

  • Asia FX steady as yen rally cools, dollar at 7-mth low amid rate cut bets By Investing.com

    Most Asian currencies were steady on Wednesday with the Japanese yen slightly weaker after a strong rally earlier this week, while continued bets on a U.S. interest rate cut saw the dollar fall to seven-month lows. The strength in the yen pointed to a sustained decline in the carry trade…

  • Dollar hits 7-month low, yen gains as traders wait on Jackson Hole By Reuters

    By Karen Brittl NEW YORK (Reuters) – The dollar fell to a seven-month low and the Japanese yen hit its highest in more than a week as traders awaited comments from Federal Reserve Chairman Jerome Powell this week that are likely to signal the U.S. central bank will start cutting…

  • Funds go long yen for first time in four year: McGeever By Reuters

    By Jamie McGeever ORLANDO, Fla. (Reuters) – Speculative carry trades funded in Japanese yen have completely declined, according to one measure. The latest data from the Commodity Futures Trading Commission shows that hedge funds and speculators have reversed their short positions in the yen and are now net long in…

  • Next Bank of Japan intervention may be to sell yen :Mike Dolan By Reuters

    By Mike Dolan LONDON (Reuters) – If the Japanese government is thinking ahead, it may be planning to rein in the volatile yen rather than support it. A two-year cat-and-mouse game between speculators and Japanese authorities — which involved increasing bets against the yen because of widening interest-rate gaps with…