The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian and New Zealand dollars surged on U.S. President Donald Trump's comments suggesting a softer stance on tariffs against China.
Another 0.25 percentage-point hike to Japanese rates has come and gone without markets batting an eye. That is surely the point of the central bank’s drive to normalise monetary policy. With wages and prices on the up,
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan.
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
Donald Trump will be inaugurated for a second term ... uncertainties could deepen euro losses in the months ahead. The Japanese yen, widely regarded as a safe-haven currency, could experience ...
The yen was alone among Group-of-10 currencies in rising against the dollar on Tuesday as traders wagered that Donald Trump’s first ... of Japan on Friday. The Japanese currency appreciated ...
The yen saw a sharp price swing against the dollar on Tuesday following the latest tariff remarks by US President Donald Trump. During Tokyo trading, the Japanese currency briefly fell after Trump ...
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
Donald Trump’s inauguration adds uncertainty to USD/JPY trends. Plans for punitive tariffs may spark risk aversion, prompting a flight to safety. This could unwind Yen carry trades, dragging USD ...
TOKYO/SEOUL (Reuters) -Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike sent it tumbling to a near one-month low against the Japanese currency.
Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there. The Stargate project is committed to invest an initial $100 billion in the project,