Page 4 - Yen

Yen falls to lowest level since 1998 vs dollar as US yields march higher

The yen tumbled to its lowest against the dollar in 24 years on Monday, as the gap between Japanese and US benchmark yields widened after red hot US inflation data drove US Treasury yields higher

Japanese yen jumps after govt, central bank sound intervention warning

Japan's yen has been battered by traders wagering that BOJ will stick with its ultra-accommodative policy stance just as the Fed and other central banks accelerate their tightening to tame inflation

Dollar hits two-decade high against yen, pound near three-week low

The yen is sensitive to interest rate differentials between Japanese debt and US bonds.

Dollar extends 20-yr high vs yen amid inflation jitters; Aussie slips

The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen

Asia shares brace for US inflation, euro gains on yen on ECB bets

Asian shares made a muted start as caution gripped ahead of a critical reading on US inflation, while the euro gained on the yen amid wagers the ECB will take a major step toward policy tightening

Dollar hits two-week peak against Japanese yen amid US yield rise

The dollar rose to a two-week high versus the yen on Wednesday, lifted by higher Treasury yields as global inflation worries flared anew

Helped by weak yen, Japan remains top creditor as net external assets grow

Japan's net external assets hit a record amount in 2021, retaining its position as the top creditor for 31 years in a row, the Ministry of Finance (MOF) said

Biggest treasury buyer outside US quietly offloads nearly $60 bn

The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60 billion over the past three months

Hope fizzles for Japan's 'revenge spending' splurge as inflation looms

Some bigger companies have answered a government call to raise wages but the gains of some 2% will be swallowed up by higher prices of everything from flour, to diapers and beer, economists say

Global shares rise as earnings boost, US dollar hits 20-year high

The yen dropped to a 20-year low after the Bank of Japan vowed to buy unlimited amounts of 10-year bonds daily to defend its yield target

Dollar hits 20-yr high, euro at 5-yr low as yen tumbles on dovish BOJ

The dollar shot past the key level of 130 yen after the BOJ strengthened its commitment to keep interest rates ultra-low

'Dollar is king' mantra rings across currencies as yen drops to 20-year low

Traders focus on potential half-point Federal Reserve rate hike next week; Bloomberg dollar gauge set for best monthly gain in a decade

Dovish Bank of Japan sends yen to 20-year low, pressure on euro grows

The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002, after the Bank of Japan (BOJ) doubled-down on its super-low yield policy

Asian shares logged moderate gains after wobbly day on Wall Street

The US Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets

Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy

There had been some market speculation the BOJ might step back a little given inflation was rising and other major central banks were tightening, but it showed no hesitation

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

Yen rises from 20-year trough against dollar as US yields retreat

The U.S. dollar hit 129.43 yen on Wednesday for the first time since April 2002 earlier in the session, before easing to 127.79 yen, down 0.8%

Asian stocks wobble as China lockdowns weigh; Japanese yen wallows

Japanese yen gained on the dollar, having fallen nearly every session in the past two weeks and repeatedly setting fresh 20-year lows

US dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference

"The BOJ has done the opposite of normalization. They have dug their heels in," said Richard Benson, co-chief investment officer at Millennium Global Investments in London

Gold prices ease as dollar firms, safe-haven demand caps losses

Gold is trading below $1,998.10, a more than one-month high hit on Monday, as the dollar index scaled an over two-year peak on elevated US Treasury yields