Japanese yen (JPY)
21 articles
Australian Dollar Climbs to Three-Month High on Inflation Pressure
The Australian dollar is set for its longest weekly winning streak since 2021, as persistent inflation and expectations of further Reserve Bank of Australia rate hikes drive the currency higher against its global peers
US Dollar Holds Near Highs as Inflation Data Delays Rate Cut Hopes
The US dollar remains close to a one-week high after July's inflation figures exceeded forecasts, reinforcing expectations that the Federal Reserve will keep interest rates elevated. Markets now await signals from central bank leaders at Jackson Hole
Australian Dollar Rises as Inflation Surprises, US Dollar Holds Steady
Australia's dollar climbed to a near three-month high after inflation data exceeded forecasts, prompting speculation about further rate hikes. Meanwhile, the US dollar remained stable as markets awaited key US inflation figures and central bank signals
US Dollar Weakens as Treasury Moves Revive Debasement Debate
Recent US Treasury interventions have triggered renewed concerns about the US Dollar's long-term value, with analysts warning that falling yields alongside a weaker Dollar could signal a more persistent shift in global currency markets
Global Bond Markets Stall as US Plans Sweeping Iran Sanctions
Government bond yields in Europe and Japan paused after weeks of volatility, as investors await new US sanctions on Iran and signals from central banks. The risk of further disruption to energy flows and inflation remains a key concern for markets
US Dollar Holds Near Three-Month Lows Amid Trade and Sanctions Risks
The US dollar remains under pressure as markets weigh the impact of renewed trade tensions with Canada and the threat of expanded sanctions on Iran, raising questions about the dollar's traditional yield advantage and global currency stability
US Dollar Faces Pressure as BCA Research Favors Asian and European Currencies
BCA Research signals a shift away from the US dollar, highlighting weakening real yields and reduced foreign investment as reasons to favor the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro
US and Japan Coordinate to Stabilize Yen Amid Currency Pressures
A rare joint intervention by the US and Japan highlights growing policy coordination as both countries seek to address yen weakness and its broader economic and security implications
NZD/USD, USD/JPY, and AUD/USD Face Key Tests as Policy Shifts Loom
The New Zealand, Japanese, and Australian currency pairs are set for heightened volatility as central bank meetings, inflation data, and shifting global capital flows drive market direction in the coming week
US Dollar Slides to Three-Month Low as Treasury Buybacks Expand
The US dollar weakened sharply after the Treasury Department increased buybacks of long-term bonds, easing pressure on yields and shifting currency dynamics across Asia and beyond
Australian Dollar and Swedish Krona Stand Out in G10 Currency Outlook
Morgan Stanley's latest G10 currency scorecard singles out the Australian Dollar and Swedish Krona for bullish prospects, while the US Dollar, Pound, and Yen face renewed pressure as central banks pause and market risks shift
Swiss Franc Faces New Pressure as Carry Trade Shifts from Yen
Recent US-Japan intervention to support the yen is prompting investors to reconsider the Swiss franc as a funding currency, raising questions about future exchange rates and the impact on Swiss exporters and policymakers
Japanese Yen Strengthens as Bank of Japan Maintains Tightening Path
Japan's yen edged higher against the US dollar after second-quarter GDP growth fell short of forecasts, as markets continued to expect the Bank of Japan to proceed with policy tightening despite weaker household spending and business investment
What a USD/JPY Break Above 160 Could Mean for the Yen
If the Japanese yen weakens past 160 against the US dollar without intervention, analysts warn that confidence in Japan's currency policy could erode further, potentially pushing the exchange rate toward 165 and raising new policy challenges.
Dollar and Yen Face Uncertainty After Intervention and Rate Shifts
The U.S. dollar's recent decline and the yen's sharp rebound highlight the impact of coordinated intervention and shifting rate expectations, leaving both currencies at a pivotal moment for global markets
Yen Nears 160 Against Dollar as Intervention Effects Fade
The Japanese yen has lost much of its recent intervention-driven strength, trading close to 160 per US dollar, while the Australian dollar holds near an eight-week high after the Reserve Bank of Australia kept rates unchanged
Japan and US Intervene to Support Yen, Targeting USD/JPY Below 155
Japan and the United States have jointly intervened in currency markets to strengthen the yen, aiming to push the USD/JPY rate below 155. The move highlights the scale and complexity of coordinated interventions and their impact on global reserves
Japanese Yen Faces Ongoing Pressure Despite Intervention Efforts
The Japanese yen remains under sustained downward pressure as investors weigh fiscal risks, Bank of Japan policy, and persistent structural selling, even as coordinated intervention and foreign investment offer some support
US Dollar Rises as Yen Weakens After Joint Intervention
The US dollar climbed to a one-week high, supported by safe haven demand and higher Treasury yields, while the Japanese yen slipped past 158 per dollar despite recent coordinated intervention efforts
How Rate Checks Signal Possible Currency Intervention in USD/JPY
A rate check occurs when monetary authorities request tradable exchange rates from banks without executing a transaction, signaling close monitoring and possible intervention. This tactic can influence currency markets and deter speculation without immediate financial action
History of the Japanese Yen: From Edo Money to the Modern JPY
The Japanese yen emerged from a sweeping nineteenth-century reform that replaced the gold, silver, copper and paper currencies of the Edo period with a unified decimal system. This detailed history follows the yen from the 1871 New Currency Act and the creation of the Bank of Japan through the gold standard, the ¥360 post-war dollar peg, the 1973 float and the modern JPY.