CPI is clearly heading in the direction which the Bank of Japan would like, after years of extreme stimulus directed to this end.
more| 22 Mar 2018 05:48 | MarketWatch |
As market participants were making sense of the myriad headlines, the biggest movers were the dollar-Japanese yen and U.S.-Australian dollar pairs, the latter of which was driven by weaker-than-expected labor market data.
moreThe New Zealand Dollar meanwhile has carved out a more convincing uptrend against the Japanese currency since bottoming out at the lows of March 6. The currency has risen against a generally weaker Yen, but to do so convincingly it will need to take ...
more| 13 Feb 2018 13:52 | MarketWatch |
Ultralow interest rates also made the yen the ultimate funding currency for carry trades, in which investors borrow in a low-yielding currency and use the proceeds to purchase higher yielding assets.
more| 13 Feb 2018 13:30 | Market Realist |
This week, fourth-quarter national account data for the Japanese economy is scheduled to be reported. Private consumption numbers, which have been lagging, will be this week's focus.
more| 07 Feb 2018 09:45 | MarketPulse (blog) |
The Japanese yen has posted slight gains in the Wednesday session, erasing the losses seen on Tuesday. In North American trade, USD/JPY is trading at 109.23, down 0.29% on the day. On the release front, there are no major indicators on the schedule ...
more| 16 Jan 2018 00:00 | Investing.com |
In the Asian session, at GMT0400, the pair is trading at 110.94, with the USD trading 0.33% higher against the JPY from yesterday's close.
moreThe Yen has had a specific, domestic driver, too, even if its rationality is open to question. The Bank of Japan trimmed ever so slightly the amount bought at its regular bond-market operations last week.
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