Yen

4 July 2024
Dollar weakens after soft data, Yen still struggling

The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.

1 July 2024
Japanese authorities signal potential intervention in the face of weak yen 

The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.

1 July 2024
Euro climbs following France’s first-round vote, yen falters

Key points: Euro gains after France’s election, reflecting reduced fears of far-right fiscal policies. Yen declines as Japan’s revised economic data show a larger contraction. On Monday, the euro rose following the first round of France’s snap election, which put …

28 June 2024
Stocks edge up, bond yields dip; inflation data ahead

Key points: US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports …

27 June 2024
Japan’s Nikkei dips on yen intervention fears

Key points: Nikkei closed down 0.82% at 39,341.54, with technology shares dragging. Yen touched 160.88 per dollar overnight, raising intervention concerns. Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes …

27 June 2024
Japanese yen nears 38-year low as markets eye intervention and US inflation data 

Key points:  The Japanese yen remains near a 38-year low, hovering around 160 per dollar, raising concerns of possible intervention by Japanese authorities.  US dollar strength continues as markets are in anticipation of its inflation data.  This article is a follow-up …

21 June 2024
Aussie surges as interest rate outlooks diverge

Key points: The Australian dollar hits a 17-year high against the yen and a one-year top on the euro. The Reserve Bank of Australia (RBA) holds rates steady at 4.35% while warning of potential inflation risks. The Australian dollar experienced …

20 June 2024
Sterling holds steady ahead of BoE decision; Dollar falters against yen

Key points: Sterling last bought $1.2719 Dollar slipped 0.05% against the yen to 157.99 Euro rose 0.03% to $1.0747 The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, …

19 June 2024
Japanese yen plummets as silence on rate hike timeline from the Bank of Japan disappoints 

Key points:  USD/JPY pair surged as the Bank of Japan leaves interest rates unchanged.  Lack of forward-looking guidance leads to a sharp decline of the Japanese yen.  Bank of Japan to begin reducing its ¥6 trillion monthly bond-buying program.  This …

14 June 2024
Yen cautious before BOJ meeting; Euro falters with weekly loss in sight

Key points: Yen shows minor weakness ahead of the BOJ policy decision. Euro faces weekly decline amid political turmoil in France. On Friday, the yen was on the defensive as traders awaited the Bank of Japan’s policy decision, while the …

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