The USD/JPY exchange rate dropped for five consecutive days, reaching a low of 151.42 on Friday, its lowest level since ...
The sudden jump left traders on high alert for signs of intervention ... given you’ve had a lot of yen weakness and a lot of very public pushback from Japanese officials,” said Joe Capurso ...
Forecasts support expectations for a Bank of Japan rate hike, potentially boosting demand for the Japanese Yen. Japan’s producer prices and speculation about a BoJ rate hike will be key drivers ...
Externally, the US dollar continues to weigh on the yen. Signs of economic resilience in the US have led market participants to adjust their expectations about potential interest rate cuts in 2025.
Investing.com-- The Japanese yen exhibited minimal movement on Tuesday, despite Bank of Japan (BOJ) Deputy Governor Ryozo Himino indicating a potential interest rate hike in the upcoming policy ...
They also ditched 1.22 trillion yen worth of bonds, the most since October, 2024. Japanese trust accounts continued their trend, offloading a net 1.52 trillion yen worth of foreign stocks ...