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 Japanese Yen continues to draw support from the BoJ's hawkish interest rate hike on Friday. The divergent BoJ-Fed outlook ...
The Japanese yen and the Swiss franc gained against major currencies on Monday amid a selloff in technology stocks as markets ...
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
Tokyo stocks ended mixed Monday as banks lifted on hopes for improved profits, while technology issues dropped on fears that ...
The dollar firmed on Monday as traders pondered the ramifications of U.S. President Donald Trump's tariff plans at the start of a week in which the Federal ...
The yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern ...
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and ...
BoJ, Fed, and RBA policies dictate USD/JPY and AUD/USD paths. Global trade and China’s economy amplify forex market ...
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