The yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern President Donald Trump’s orders to impose tariffs and sanctions on Colombia could spark wider trade tensions and economic risks.
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.
Traders look to Trump’s speech for a fresh impetus ahead of the BoJ decision on Friday.
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 ...
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,
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.
The uncertainty surrounding the impact of Trump's trade and immigration policies could support the JPY.
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.
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 approval rating for Japanese Prime Minister Shigeru Ishiba's cabinet stands at 35.7 percent, little changed from 36.5 percent last month, amid economic uncertainties, with most respondents fretting over U.
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.