Category: yen
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Dollar treads water after tame US inflation report, yen rally stalls By Reuters
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By Alden Bentley NEW YORK (Reuters) – The dollar ended little changed on Friday, pressured by a drop in Treasury yields after a weak U.S. inflation report that investors said kept the door open for the Federal Reserve’s expected monetary policy easing in September. The Commerce Department’s personal consumption expenditures…
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Dollar stable ahead of PCE data; euro edges higher, yen slips By Investing.com
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The US dollar was steady in early European trading on Friday ahead of key inflation data, while the euro rose and the Japanese yen fell slightly but remained on track for its strongest week in three months. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…
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Japanese officials quiet on forex as yen sharply rebounds By Reuters
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Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japanese Finance Minister Shunichi Suzuki and top currency diplomat Masato Kanda declined to comment on foreign exchange rates on Wednesday as the yen rose to its highest level against the dollar in more than two months. Asked about the yen’s recent…
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Dollar slips ahead of GDP data; euro rises and yen surges By Investing.com
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Investing.com – The U.S. dollar fell on Thursday, the euro posted small gains and the Japanese yen rose to multi-month highs ahead of a Bank of Japan meeting next week. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Asia FX muted as dollar dips ahead of econ. data; yen surges By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday as a pullback in equity markets kept traders largely avoiding risk-based assets, while the dollar retreated ahead of key economic indicators in the coming days. The Japanese yen remained an exception, rising to its strongest level against the dollar in…
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Daily FX Market Review: Pressure Mounts on Bank of Japan as Yen Rises for Second Day
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the Japanese Yen The pound rose for a second day in a row against the US dollar, supported by comments from a senior Japanese politician. Bank of Japan (BOJ) conducts Urged by Toshimitsu Motegia senior official in Japan’s ruling party, to more clearly indicate his intention. Monetary policy normalization. Normalization…
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Yen rises as traders look to BOJ, while dollar holds steady By Reuters
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By Harry Robertson and Ray Wee LONDON/SINGAPORE (Reuters) – The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that added to pressure on the Bank of Japan to keep raising interest rates to shore up the currency. Meanwhile, the dollar rose slightly as traders…
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Dollar steady, while yen strengthens ahead of BOJ meeting By Investing.com
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Investing.com – The U.S. dollar was steady in Europe on Tuesday, while the yen rose in the wake of suspected government intervention last week. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 104.067, rebounding from…
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Dollar eases as Biden ends re-election bid, drops vs yen By Reuters
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By Kevin Buckland and Stefano Ribaudo (Reuters) – The dollar was slightly lower against a basket of currencies on Monday while falling sharply against the yen as investors focused on U.S. President Joe Biden’s decision to end his re-election campaign and the next moves from the Federal Reserve and the…
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Asia FX flat amid US-China trade jitters; yen steady amid intervention chatter By Investing.com
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Most Asian currencies were steady on Thursday amid concerns over tougher U.S. trade restrictions on China, while the Japanese yen held steady after rising sharply this week amid suspected interference. Regional currencies have gained in recent sessions amid growing optimism that the Federal Reserve will cut interest rates, which also…
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Japanese yen surges, USDJPY tumbles amid suspected intervention By Investing.com
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The Japanese yen rose sharply against the US dollar on Wednesday and Thursday, with the USD/JPY pair falling to its lowest level in more than a month amid speculation that the government has intervened in currency markets. The pair, which measures the number of yen needed to buy one dollar,…
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Yen jumps on possible intervention, sterling hits one-year high By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – The yen rose sharply on Wednesday in a move suspected to be the result of another intervention by Japanese officials to support the currency, which has been battered by a multi-decade low. The yen has made several big moves in recent days, rising…
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Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI By Investing.com
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Investing.com – The U.S. dollar fell to multi-month lows on Wednesday, while the Japanese yen rose sharply and sterling climbed to a one-year high after better-than-expected U.K. inflation data. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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Asia FX muted as dollar perseveres; yen on intervention watch By Investing.com
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Most Asian currencies moved in a flat-to-low range on Tuesday as speculation about a Donald Trump presidency helped lift the dollar, outweighing growing bets on interest rate cuts. The Japanese yen underperformed its peers, pressured by a stronger dollar, prompting continued warnings from authorities about intervening in the currency market.…
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Dollar sees safe-haven gains; sliding yen stays on intervention watch By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The dollar rose on Monday amid safe-haven demand following the assassination attempt on former U.S. President Donald Trump, leaving the yen struggling to survive despite suspected intervention efforts by Tokyo. Trading was thin in Asia due to a holiday in Japan, although news…
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Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI By Investing.com
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Most Asian currencies fell slightly on Friday as traders turned cautious amid increased volatility in the Japanese yen, which raised speculation about whether the government had intervened in the markets. Losses in regional units were muted as the dollar held steady at a one-month low, after weaker-than-expected U.S. CPI inflation…
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Japanese yen surges, ringing intervention alarm bells By Reuters
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(Reuters) – The Japanese yen jumped about 3% on Thursday in its biggest daily gain since late 2022, a move local media attributed to a round of official buying to support the currency, which is at a 38-year low. The dollar fell to 157.40, just after data showed that consumer…
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Uniqlo owner lifts forecast again as weak yen powers sales from tourists By Reuters
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Written by Rocky Swift TOKYO (Reuters) – The Japanese operator of fashion giant Uniqlo on Thursday raised its forecast for what would be a third straight year of record profit, helped by strong sales at home and some overseas markets. The domestic market has been a bright spot for Fast…
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Asia FX muted as dollar steadies ahead of Powell; yen remains fragile By Investing.com
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Most Asian currencies fell on Tuesday as the dollar found some strength ahead of Federal Reserve Chairman Jerome Powell’s testimony, while the yen remained at 38-year lows. Sentiment towards Asia also remained tense amid ongoing concerns over new European tariffs on imports from China, which could trigger retaliatory measures from…