The Japanese yen weakened past 144.5 per dollar on Wednesday, marking its third straight session of losses as investors digested recent comments from top policymakers and developments in the bond market.
BOJ Governor Kazuo Ueda noted that ongoing trade negotiations with the US are contributing to a highly uncertain outlook. He previously reiterated the central bank's willingness to adjust monetary policy as needed to ensure inflation targets are achieved.
Finance Minister Katsunobu Kato added that authorities are closely monitoring conditions in the bond market. On Tuesday, both the yen and Japanese government bond yields declined sharply following reports that the Ministry of Finance is considering reducing the issuance of super-long-term bonds.
The move is seen as an effort to contain rising yields after a disappointing 20-year bond auction last week, which recorded the weakest demand in over a decade, with investors now turning their attention to the upcoming 40-year bond sale.
Source: Trading Economi
The USD/JPY pair declines on Tuesday to around 153.50 at the time of writing, down 0.40% on the day, as the Japanese Yen (JPY) attracts fresh safe-haven flows amid renewed global risk aversion. Fears ...
The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise inter...
The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week's Bank of...
The USD/JPY pair extends the rally to a two-week high near 152.65 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders weigh fresh US sanctio...
The Japanese yen weakened earlier this week following reports that the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) had agreed to form a coalition government. This agreement ope...
Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as U.S. President Donald Trump met Hungary's Prime Minister Viktor Orban at the White House. Brent crude futures settled at $63.63 a barrel, up 25 cents...
US stocks rebounded from early losses to close mostly higher on Friday amid hopes that Congress members were making progress toward ending the government shutdown. The S&P 500 and the Dow Jones closed 0.3% higher, while the tech-heavy Nasdaq...
European stocks fell on Friday as investors digested more quarterly earnings, but weekly losses were inevitable, with concerns regarding overheated valuations evident. The DAX index in Germany dropped 0.8% and the CAC 40 in France declined 0.2%,...
European stocks fell on Friday as investors digested more quarterly earnings, but weekly losses were inevitable, with concerns regarding overheated...
Two weeks before the US Federal Reserve's final meeting, with the federal government's data taps closed, Atlanta Fed staff bolstered their economic...
Asian stocks slipped at the open on Friday (November 7), following a choppy session on Wall Street. The MSCI Asia Pacific Index fell about 0.2%, led...
US stocks rebounded from early losses to close mostly higher on Friday amid hopes that Congress members were making progress toward ending the...