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Japanese Yen Surges To 7-Month Highs, Expects Best Year Since 2010 As Safe-Haven Stampede Intensifies
Tuesday, April 22, 2025 - 9:29am | 859As gold rips through record highs above $3,500 an ounce, another classic safe haven is quietly staging one of its strongest comebacks in over a decade: the Japanese yen. With global investors gripped by tariff fears, central bank politicization, and a deteriorating U.S. economic backdrop, Japan's...
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Short The Dollar, Back The Yen: Analyst Offers Strategy As 'Breadth Of Tariffs Increase Recession Risks'
Monday, April 7, 2025 - 11:07am | 468JPMorgan's Meera Chandan is doubling down on the dollar's downfall and placing a bullish bet on the Japanese yen. What Happened: President Donald Trump's reciprocal tariffs plunge stocks into the red, there are growing concerns that a recession is possible. “The breadth and size of tariffs...
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Warren Buffett Doubles Down On Japan: Another Yen Bond Blitz Amid Growing US Market Volatility
Wednesday, April 2, 2025 - 4:24am | 709With U.S. markets in turmoil, the Oracle of Omaha is once again turning his gaze eastward, with Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) planning a new round of Yen-denominated bonds, which it plans to invest primarily in five Japanese trading companies, in which it already maintains a sizable...
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Dollar Dips As Fed Holds Line, But JPMorgan Says Floor Is Near
Monday, February 24, 2025 - 2:37pm | 472The U.S. dollar’s recent slide has less to do with trade and more with the Fed’s indifference to rising inflation expectations, according to JPMorgan analyst Meera Chandan. The sharp drop in U.S. real yields, fueled by the Fed's hands-off approach, has pushed the greenback lower....
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Wall Street Takes Roller Coaster Ride As Economic Data Shifts; Mortgage Rates Decline; Trump Pressures Fed On Rate Cuts: This Week In The Markets
Friday, August 9, 2024 - 3:38pm | 521Wall Street experienced a wave of panic selling at the start of the week, driven by fears the U.S. economy might be heading into a recession after the release of a jobs report that came in cooler than expected. As a result, traders fully priced in a 50-basis-point interest rate cut by the Federal...
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Traders Resume Yen-Dollar Carry Trade As Bank of Japan Pledges No Rate Hikes During Market Volatility
Wednesday, August 7, 2024 - 10:53am | 710Traders rekindled their bullish bets on the yen-dollar carry trade Wednesday after dovish signals from the Bank of Japan prompted a rethink of recent market movements. The Japanese yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), tumbled over 1.9% past 147 per dollar by...
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How To Navigate Market Volatility: 5 ETFs That Strengthen Your Portfolio During Stock Turmoil
Monday, August 5, 2024 - 12:22pm | 1041Global equity markets have been under pressure in recent sessions amid fears of a potential U.S. recession, triggered by cooling labor market conditions and struggling manufacturing activity. Despite last month’s business surveys showing expansion in services activity, investors remain...
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Amazon Prime And YouTube Premium Linked To Japan's Rising 'Digital Deficit,' Putting Pressure On Yen, Say Experts
Monday, July 15, 2024 - 4:28am | 654Experts believe that Japan’s increasing dependence on foreign digital services like Amazon (NASDAQ:AMZN) Prime and YouTube Premium by Google Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is contributing to a rising “digital deficit,” potentially pressuring the yen’s value. What Happened...
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Yen Plummets To 160 Against Dollar, Lowest Since December 1986: Is Bank Of Japan Intervention Imminent?
Wednesday, June 26, 2024 - 11:26am | 1140The Japanese yen tumbled past 160 per dollar on Wednesday, surpassing its late April 2024 low that previously prompted sharp interventions from the Bank of Japan, which sold forex reserves to curb the yen’s volatility. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE...
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The Japanese Yen Fell To A Six-Week Low After The Bank Of Japan Ended Its Meeting
Friday, June 14, 2024 - 11:18am | 487By RoboForex Analytical Department The Japanese yen exchange rate paired with the US dollar looks unimpressive by the end of this week. The USD/JPY pair rose to almost 158.00 immediately after the end of the June meeting of the Bank of Japan, which left the interest rate unchanged. Everything went...
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Japanese Yen Strengthens Unexpectedly Against US Dollar
Tuesday, June 4, 2024 - 8:36am | 530By RoboForex Analytical Department The USD/JPY pair unexpectedly declined last night due to a weakening US dollar. Currently, it is hovering around 156.33. Japanese Finance Minister Shunichi Suzuki highlighted the government's recent interventions to support the yen, significantly impacting the...
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JPY Has Sharply Strengthened
Thursday, May 16, 2024 - 8:17am | 516By RoboForex Analytical Department The yen’s exchange rate rose to the US dollar on Thursday in response to improving prospects for the Federal Reserve interest rate. The USD/JPY pair has declined to 153.88. After the US released up-to-date data on April inflation, the likelihood of a...
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Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions
Monday, May 13, 2024 - 12:04pm | 791In an interview on Monday, Treasury Secretary Janet Yellen outlined the current administration’s stance on several key economic issues, including tariffs on China and the need for domestic investment in strategic sectors, such as semiconductors and clean energy, which she believes are...
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The US Dollar Climbs Beyond Expectations Against The Yen Unveiling A Vulnerable Japanese Economy Amid Historic Currency Fluctuations
Friday, May 10, 2024 - 8:57am | 361The US dollar is placing the Japanese Yen in a vulnerable position, prompting potential intervention from the Bank of Japan. The continuous depreciation of the yen may lead the Bank of Japan to consider raising interest rates. The USD/JPY currency pair recently climbed beyond 155.00 due to the US...
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US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
Monday, April 29, 2024 - 2:14pm | 1251U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. (NASDAQ:AAPL) on Thursday, a pivotal Federal Reserve Open Market...