The yen surged, after the Bank of Japan raised interest rates, signaled further policy tightening is likely, and and cited concerns about the historically weak currency. + Japanese bonds sold off, lifting yields, after the BOJ said it would also pare back bond purchases. The BOJ said it would keep raising rates if growth and inflation projections were met.
- The U.S. dollar slipped lower Wednesday ahead of the conclusion of the latest Federal Reserve rate-setting meeting, while the Japanese yen soared after the Bank of...
The Bank of Japan raised its key interest rate to 0.25% on Wednesday. With the Federal Reserve poised to start lowering rates soon, that could help weaken the dollar and help the yen. While the BOJ move was widely expected, it’s significant because it ends decades of Japan keeping short-term interest rates near or below zero.
-- Most Asian currencies rose on Wednesday before more cues on interest rate cuts from the Federal Reserve, while the Japanese yen was volatile following mixed signals...
Over the past month, significant changes in US politics have shifted market expectations, overtaking the influence of the Federal Reserve (Fed) on the US dollar...
- The U.S. dollar traded largely flat Tuesday, with traders wary ahead of the start of the latest Federal Reserve rate-setting meeting. At 05:10 ET (09:10 GMT), the...
-- Most Asian currencies kept to a tight range on Tuesday amid caution before a string of economic signals this week, with the yen steadying amid uncertainty over a...
Donald Trump has made bold claims on favoring a weaker dollar, but the former president's core policies on tarifs, immigration and taxes are expected to do the...
- The euro is having a relatively good July when measured against the U.S. dollar, but BCA Research sees tough times ahead for the eurozone, and advises investors to...
- The U.S. dollar edged higher in early European trade Monday, helped by a safe-haven bid as tensions rise in the Middle East, while sterling retreats ahead of this...