The Bank of Japan holds rates as the yen weakens further
The Bank of Japan held its key interest rate at 0.25% for the third time, in line with a narrow majority of market polls. The decision to keep rates unchanged and dovish comments from Governor Ueda are expected to weaken the JPY further, which will likely lead to a faster rate hike than Ueda’s cautious messages have suggested
The yen weakened past the key level of 155 versus the dollar after the Bank of Japan kept interest rates steady. Japanese ...
The USD/JPY pair remains in a long-term uptrend according to the weekly chart. The pair broke above the 50-week Simple Moving Average (SMA) and the Relative Strength Index (RSI) is above 50. Moreover, ...
Investors offloaded the yen, weakening the Japanese currency to the 155-level against the dollar on Thursday for the ...
Chinese leaders are discussing the possibility of letting their currency weaken to blunt the impact of potential U.S. trade ...
The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan ( ...
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SINGAPORE: Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve ...
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Japanese yen hits longest losing streak since June. Are we in trouble again?Currency traders are ruthless. Bloomberg reports the yen is stuck in its worst slump since mid-year, with selling pressure ...
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