Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
Barclays’ Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client ...
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The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a ...
The yen completely unwound last Friday’s rally as new PM Ishiba suggested Japan is not ready for further rate hikes. The... The slide in risk appetite and capitulation in short yen positions has ...
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen ...
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Asus executive Shawn Yen reveals where the ever-active computer company looks for feedback: The passionate, opinionated user ...
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