Bank of Japan Gov. Haruhiko Kuroda on Monday reiterated his caution about rapid yen USDJPY, +0.21% weakness and promised to maintain close coordination with the government. “Rapid movements in currencies Read more
Tag: yen
Honda Motor earnings fall short, but lifts annual forecasts thanks to weak yen
Honda Motor Co. said Wednesday that its second-quarter net profit rose 14%, thanks to stronger earnings from its motorcycle business. The Japanese auto maker 7267, -0.70% HMC, +0.85% said net Read more
Japan’s finance minister concerned about gradual weakening of yen
Japanese Finance Minister Shunichi Suzuki on Wednesday showed a broader concern about the yen’s weakness, saying the slower pace of the yen’s depreciation, not just sharp movements, isn’t desirable for Read more
Yen briefly rallies against the dollar as Japanese authorities intervene to prop up currency after hitting 32-year low
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
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
Asian stocks moving lower in wake of latest volatile session on Wall Street
TOKYO (AP) — Asian shares were mostly lower on Wednesday following another volatile day on Wall Street, as traders braced for updates on inflation and corporate earnings. Benchmarks fell in Read more
Yellen: Inflation will come down next year
Treasury Secretary Janet Yellen on Thursday said she believed high U.S. inflation would fall next year, but cautioned there are risks to this outlook. “I believe it’s going to come Read more
Yen rallies after Japan intervenes for first time in 24 years
The dollar dropped sharply against the Japanese yen on Thursday, in the first intervention to support its currency since 1998, after the Bank of Japan bucked the trend of other Read more
Yen rallies after Japan intervenes for first time in 24 years
The dollar dropped sharply against the Japanese yen on Thursday, in the first intervention to support its currency since 1998, after the Bank of Japan bucked the trend of other Read more
Gold looks to extend winning streak to 5th session as yen strengthens, Treasury yields decline
Gold’s post-Federal Reserve rally continued on Tuesday with the yellow metal on track to climb for a fifth straight session which would be the longest winning streak for a most-active Read more