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 Bank of Japan kicked off a global market selloff last time it raised interest rates. The likely rate increase this week ...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its ...
The Japanese Yen continues to draw support from the BoJ's hawkish interest rate hike on Friday. The divergent BoJ-Fed outlook ...
A weaker yen is a boon for Japanese exporters’ profits but can squeeze households by increasing import costs. News reports, including from Reuters, foreshadowed the Bank of Japan’s landmark ...
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
The Japanese Yen (JPY) remains on the back foot against its American counterpart, with the USD/JPY pair eyeing the 156.00 ...
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline ...
BoJ, Fed, and RBA policies dictate USD/JPY and AUD/USD paths. Global trade and China’s economy amplify forex market ...
The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing ...
The Japanese yen rose 0.87% to 154.63 against the dollar after tightening up to 153.71, its strongest level since ...
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