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, …

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 …

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 …

Key points: Nikkei fell 0.12% by midday, after earlier gains BOJ expected to keep interest rates steady and consider balance sheet reduction Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This …

Key Points:  Japanese yen holds around 157.2 per dollar, despite stronger-than-expected producer inflation.  Producer prices in Japan rose 2.4% year-on-year in May 2024, the highest since August last year.  The market awaits the policy decision of the Bank of Japan …

Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …

Key points:  Bank of Canada cuts interest rates for the first time in four years, signaling more to come.  Canadian dollar (CAD) experiences mixed performance against other currencies following rate cut.  Homeowners across Canada are breathing a sigh of relief …

Key points: Nikkei falls 0.45% to 38,749.25 after approaching 39,000 points. Investors take profits after two consecutive days of gains. Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark …

Key points: The dollar index remained steady at 104.58 on Monday, reflecting a 1.56% decline in May but up 3% for the year. Emerging market currencies, particularly the Indian rupee and Mexican peso, showed strength following positive election results in …

Key points:  Finance Minister of Japan Shunichi Suzuki emphasizes need for forex stability.  Suspected intervention of JPY 9 trillion (approximately USD 57.11 billion) to support the Japanese currency.  10-year Japanese government bond yield reaches 1.1%, highest since 2011.  This article …