The Japanese yen suddenly rallied against the U.S. dollar on Friday amid reports and widespread speculation that Japan’s Ministry of Finance and Bank of Japan had intervened to prop up Read more
Tag: 32year
Soaring U.S. dollar spikes above key 150 yen level as Japanese currency slides to 32-year low
A strong U.S. dollar continued to bulldoze the Japanese yen Thursday, prompting another threat of intervention from Tokyo. The yen USDJPY, -0.08% traded at 150.09 per dollar early Thursday, according Read more
New Zealand’s inflation rate hits 32-year high in Q2
WELLINGTON, New Zealand — New Zealand’s consumer prices climbed 7.3% in the second quarter from the year before, maintaining pressure on the central bank to continue its rapid interest rate Read more