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 ...
BOJ’s 0.25% rate hike led to a stronger Yen and higher gold prices. Find out why another hike could fuel more carry trade activity and gold gains.
Although out of reach for most people, new condominiums priced at 100 million yen ($635,300) or more have been sprouting in ...
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a ...
Persistent USD strength against JPY seen in Q4 '24 is easing. Hawkish speeches from BoJ officials coupled with a softer US ...
Japan’s yen strengthened on Wednesday (Jan 15) on growing bets on a rate hike at the Bank of Japan’s next meeting, while ...
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen ...
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