Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
Japanese retail investors’ hunger for overseas equities is weighing further on the yen, adding to downside risks posed by ...
Asus executive Shawn Yen reveals where the ever-active computer company looks for feedback: The passionate, opinionated user ...
Barclays’ Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client ...
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The yen completely unwound last Friday’s rally as new PM Ishiba suggested Japan is not ready for further rate hikes. The... The slide in risk appetite and capitulation in short yen positions has ...
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TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the ...
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