yen

Investors are closely monitoring the Japanese government’s potential actions to support the yen as it nears levels that previously triggered intervention in the currency markets, reported Nikkei Asia. Yen’s Recent Performance The yen briefly hit 145 against the dollar on Friday and...

Japan’s top financial diplomat, Masato Kanda, has revealed that Japanese authorities are in regular contact with U.S. Treasury Secretary Janet Yellen and other international officials regarding currencies and broader financial markets, Reuters reports. Constant Dialogue on Currencies The...

The yen started the second half of the year on a weak note, hovering just below the significant 145 per U.S. dollar mark, while the dollar softened in response to U.S. economic data indicating slightly eased inflation and consumer spending, Reuters reports. Yen’s Performance According to...

The latest FX & Rates Survey from Bank of America reveals that bond investors are hunting for long-dated Treasuries, put options on the stock market, and long positions in the Japanese Yen (JPY) versus high-beta currencies to shield themselves from the dangers connected with the U.S. debt limit...

Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has reportedly raised funds by issuing 164.4 billion yen ($1.2 billion) of bonds on Friday, just days after the billionaire investor said he had increased holdings in Japanese trading houses. What Happened: The company's five-part bond...

Last Thursday was an incredibly volatile trading session for the USD/JPY. This volatility was largely caused by the Bank of Japan's (BoJ) intervention in the currency markets to defend its depreciating currency, the Japanese Yen. Last week’s move was the first time since 1998 that the BoJ...

McDonald’s Holdings Co. Japan Ltd. (OTC: MDNDF) will raise its menu prices for the second time this year. What Happened:  The fast-food chain is set to hike the price of about 60% of its products by 10 to 30 yen ($0.07-$0.21) from Sept. 30, reported Bloomberg, citing a company...

Japanese and South Korean consumers will have to shell out relatively more for the latest iPhones this year compared to last year’s model as currencies of both these countries have depreciated significantly against the dollar. What Happened: The iPhone 14, which will be available in Japan...

The Japanese yen has breached the crucial 144-mark against the greenback in Asia trading on Wednesday as the dollar continued its rally ahead of the release of the U.S. Federal Reserve's "Summary of Commentary on Current Economic Conditions," popularly known as its ...

The dollar is strengthening against the Japanese yen, with the USD/JPY pair gradually moving towards the 140 mark. On Thursday morning Asia session, the pair gained 0.5% from the previous day’s close to hit a 24-year high of 139.69.  USD/JPY was last trading at 139.32 at press time...

With the Japanese Yen slowly inching toward the psychological mark of 140 against the dollar, experts believe there could be some sort of “verbal intervention”. Key Level: Data compiled by Bloomberg stated that a gauge of the yen’s implied volatility from the options market...

The dollar extended its gains against the Japanese yen on Monday, with a better-than-expected July jobs report in the U.S. triggering fears of aggressive rate hikes by the Federal Reserve. Price Movement: The USD/JPY pair was trading at 135.28 on Monday morning Asia session, its highest...

Japanese Finance Minister Shunichi Suzuki described the recent yen swings as "hectic" and highlighted the complications in responding to sharp currency moves, according to Reuters. Suzuki reportedly said he would carefully observe yen moves and their impact on the economy...

Japanese insurance giant Meiji Yasuda Life Insurance Co reportedly said it may look at buying U.S. Treasuries at a yield of 3% without any currency hedging if the dollar falls below the 135 mark against the yen. Yoshimasa Osaki, head of investment planning, told Reuters that foreign-currency bonds...

Hedge funds have reportedly unwound long dollar-yen trades after the U.S. Federal Reserve hinted the pace of prospective hikes could be slower. Price Movement: From a low of 137.46 against the dollar yesterday, the yen rose to the 135.11 mark on Thursday morning in Asia to hit a three-week...