Page 2 - Yen

Dollar up as data suggests Fed hawks will stay in control; yen fragile

The pound and the euro each declined about 0.1% against the dollar, which has recouped some of last week's losses, after having slid on hopes of a potential Fed change of tack.

Dollar strengthens as US Fed expected to stay hawkish; yen fragile

The dollar moved broadly higher in early Asia trade, and was up more than 0.2% against the New Zealand dollar and the pound

Dollar shakes off suspected Japan intervention; stocks brace for earnings

US shares were mixed on Monday as European markets were lifted by hopes that US interest rates could rise more slowly

Dollar shrugs off suspected yen intervention, Europe clings to US Fed hopes

The dollar roared to 149.70 yen in early trade before hastily retreating to 145.28 in a matter of minutes in what traders and analysts said appeared to be at the hands of the Bank of Japan

Dollar weathers suspected Japanese yen intervention, China data mixed

The US dollar weathered another suspected blast of Japanese intervention to push higher on the yen on Monday, while most share markets rallied on just the hint of an eventual slowdown in rate hikes

Yen slides further to 151 per US dollar, pound falls on UK turmoil

The dollar gained across the board, also pushing the Swiss franc to its lowest level since May 2019

Japan's yen weakens past 150 per dollar for first time since August 1990

The fragile yen briefly weakened past 150 per dollar in early European trading for the first time since August 1990. It was last trading flat a little below that level

European stocks head higher on UK policy turnaround; yen hits fresh low

European stock indexes opened higher on Tuesday, in a revival of risk appetite which analysts attributed to the turnaround in UK fiscal policy

Dollar edges higher despite inflation, pushes yen to new 32-year low

Sterling slipped after a sharp rally on Thursday, as reports said British Prime Minister Liz Truss was preparing to sack her finance minister and carry out a major U-turn on the government's tax plans

US dollar surges to new 24-year high versus yen; sterling rallies

The dollar climbed to a fresh 24-year peak versus the yen on Wednesday, holding above levels that prompted intervention by Japanese officials last month

Dollar at 24-year top on yen after US yields jump; sterling choppy

The dollar scaled new 24-year heights on the yen on Wednesday, breaching levels that prompted intervention by Japanese officials last month, while investors in sterling were scratching their heads

Dollar gains on rate-hike fears, yen flirts with intervention levels

The dollar loomed large over fragile financial markets, with worries about rising interest rates and geopolitical tensions, while the yen was testing levels that have prompted official intervention

Weak yen, higher costs weigh on Japan business sentiment: Survey

Business sentiment among large manufacturers worsened for the third straight quarter, a Bank of Japan survey showed on Monday, as the world's third largest economy grapples with rising costs, a weakening currency and slowing global demand. The headline measure for the tankan measuring sentiment among large manufacturers, was plus 8, down from plus 9 the previous quarter. The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are positive. Japan has been trying to fight deflation in recent years and has kept interest rates at near zero. Prices have been rising, but at a more modest pace than in other major economies, and the Bank of Japan has not followed the lead of other central banks in raising interest rates. That means the yen has weakened relative to the surging dollar. That makes exports of autos and electronics more competitive in overseas markets and raises the value of overseas earn

Sterling rebounds 1% on reversal of proposed tax cut plan; yen weakens

Sterling climbed higher on Monday after British finance minister Kwasi Kwarteng said the government would reverse a plan to scrap the UK's highest rate of income tax

Yen soars after Japan intervenes in forex market for first time since 1998

The Japanese yen soared across the board on Thursday after monetary authorities intervened in the foreign exchange market to boost the battered currency

Yen breaches 144 mark against the dollar, Japan central bank steps in

Intervention is a 1st since 1998, helped stem 20% decline in the currency

Stagflation-free Asia leaving taper tantrums behind as currencies fare well

The foreign-exchange stockpiles Asian economies built up have helped cushion the impact of this year's market turmoil, which has spurred the largest equity outflows for at least a decade.

European stocks fend off Fed rate hike risks, yen drops to 24-year low

The broader focus however remained squarely on the risk of rising interest rates and painfully high energy prices causing recessions

Yen jumps vs USD after BOJ rate check, hints on intervention, US PPI data

In a rate check, central bank officials call up dealers and ask for the price of buying or selling yen. However, actually intervening to support the currency would be a larger step.

Global stocks fall on Fed rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen