Japanese Yen Surges on Bets for More BOJ Interest-Rate Hikes
The Japanese yen rose to a six-week high against the dollar Friday. While trading was thin because of the Black Friday holiday in the U.S., the moves are still worth watching after volatility in the Asian currency sparked market turmoil earlier this year.
Japanese Yen bulls retain control near multi-week top amid growing BoJ rate hike bets
The Japanese Yen rallied as a stronger Tokyo CPI lifted December BoJ rate hike bets. Geopolitical risks, trade war fears and depressed US bond yields also benefit the JPY. The USD hits a fresh two-week low and contributes to the USD/JPY pair's downfall.
Martin Schulz of Fujitsu discusses the outlook for the Japanese yen amid looming tariff threats from U.S. President-elect ...
A hotter-than-expected inflation reading from Japan on Friday increased expectations for an interest-rate hike in the country, sending the yen to a six-week high. The dollar sank to as low as 149.56 ...
Explore what to expect with the USD/JPY exchange rate as it retreats sharply in the past few days? We explain what to expect ...
Tuko on MSN13h
Yen rallies on rate hike bets as equity markets swingThe yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut ...
USD/JPY slips near 150 as foreign stock outflows and BoJ rate hike bets stir market volatility. Key BoJ and Fed comments may ...
The Japanese currency rose around 0.4% against the greenback, helped along by the inflation data that showed prices rose more ...
The yen weakened against other G-10 and Asian currencies in the morning session on likely position adjustments by market participants after the Japanese currency’s recent rally.
As Japan’s services PMI tops 50 and inflation stirs debate, USD/JPY slips below 153. US Personal Income & Outlays data holds ...
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