Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank ...
The yen’s 11% drop against the dollar this year is the largest fall of any G10 currency, driven mostly by the wide gap between U.S. and Japanese government bond yields, which is more than 375 ...
The Japanese government has intervened in the currency market by buying the yen and selling the dollar for the first time in more than 24 years. The move was intended to keep afloat the value of ...
The dollar rose as high as 154.88 against the yen, a 34-year peak and edging closer to 155, a level seen by market participants as the new trigger for Japanese intervention. The greenback was last ...
They are burning through national dollar reserves by buying their own currencies just as they may need those reserves to cope with looming debt and financial system crises. Japan, in contrast ...
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ...