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Yen, BOJ and Tokyo
Yen Breaches Key 150 Level as Tokyo Inflation Fuels BOJ Bets
The yen briefly breached the key level of 150 against the dollar as traders positioned for a stronger likelihood of the Bank of Japan raising interest rates in December while the Federal Reserve cuts US borrowing costs.
Yen Soars Amid Tokyo Inflation Boost
The yen surged to a six-week high against the U.S. dollar following unexpectedly fast inflation in Tokyo, prompting speculation of a Bank of Japan rate hike. Meanwhile, the dollar weakened against most major currencies amid low trading activity due to the U.
Yen surges to 150 per dollar amid growing BOJ rate hike bets
The yen jumped as much as 1% to a six-week high at 150 per dollar on Friday, after faster than expected inflation in Tokyo supported bets for a Bank of Japan interest rate hike next month. The dollar sagged against most major peers in trading thinned by the U.
2d
Core inflation in Japan's capital perks up, yen jumps on rate hike bets
Core consumer prices in Japan's capital in November rose 2.2% from a year earlier, data showed on Friday, staying above the ...
1d
on MSN
Japanese yen hits six-week high after hot inflation reading drives rate increase bets
Speculation that the Bank of Japan was headed for a December interest rate increase after a hot inflation reading drove the ...
CoinDesk
1d
XRP Outperforms Crypto Majors as Japan Yen Strength Signals Bitcoin Trouble
Yen's outperformance at the end of July and September has previously catalyzed the unwinding of carry trades, or bullish risk ...
19h
on MSN
Yen Hits Six-Week High, Dollar Dips for Month-End
NEW YORK (Reuters) -The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in ...
Legit on MSN
1d
Japan government approves $92 bn extra budget
Japan's unpopular minority government approved on Friday an extra budget to help pay for a massive stimulus package after the ...
1d
Japan to provide 70 bil. yen to power chip project
Japan's government says it will provide up to 70 billion yen, or about 470 million dollars, for a joint project to boost ...
U.S. News & World Report
2d
Morning Bid: Yen Bulls Charge Ahead After Tokyo Inflation Data
The
yen
surged as much as 1.1% to its strongest in six weeks, breaking below the 150-per-dollar threshold as traders ramped ...
2d
Japan plans to allocate 100 billion yen to ensure stable drug supply
Japan plans to allocate around 100 billion yen ($659.3 million) to ensure a stable supply of drugs, including generics, in a ...
2d
Japan to issue 6.6 tril. yen of bonds for extra budget
NHK has learned that the Japanese government plans to issue bonds worth over 6.6 trillion yen, or 44 billion dollars, to ...
2d
on MSN
Japan seen reaping record tax revenues in fiscal 2024, sources say
Japan will likely see tax revenues hit a fresh high for the fifth straight year in the current fiscal year ending in March ...
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Tokyo
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