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 yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern ...
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a ...
Persistent USD strength against JPY seen in Q4 '24 is easing. Hawkish speeches from BoJ officials coupled with a softer US ...
Although out of reach for most people, new condominiums priced at 100 million yen ($635,300) or more have been sprouting in ...
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain ...
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen ...
Barclays’ Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client ...
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