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yen

Yen's Volatile Journey: From 160 to a Sharp Rebound
April 29 2024

Yen's Volatile Journey: From 160 to a Sharp Rebound

The Japanese yen had a dramatic day on the currency markets, hitting the 160 mark against the US dollar for the first time since 1990, before rising sharply again.

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South Korea and Japan Address Concerns Over Currency Depreciation
April 17 2024

South Korea and Japan Address Concerns Over Currency Depreciation

South Korea and Japan are engaged in discussions concerning the recent devaluation of their currencies, the won (KRW) and the yen (JPY), respectively.

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Daily Analysis USDJPY - 7 Sep 2023
September 07 2023

Daily Analysis USDJPY - 7 Sep 2023

Kyodo News reported on Wednesday that the Japanese government plans to enact new economic stimulus measures in October, aiming to bolster company wage increases and reduce energy costs.

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Daily Analysis USDJPY - 6 Sep 2023
September 06 2023

Daily Analysis USDJPY - 6 Sep 2023

Kanda has warned against the recent drop in the Japanese Yen (JPY) and suggested that authorities could take action if speculative currency market movements persist, negatively affecting the USD/JPY pair.

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Daily Analysis USDJPY - 5 Sep 2023
September 05 2023

Daily Analysis USDJPY - 5 Sep 2023

Japanese household spending plummeted, marking a 5.0% year-on-year drop in July, far below the expected 2.5% decline, extending a six-month decline streak.

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Daily Analysis USDJPY - 4 Sep 2023
September 04 2023

Daily Analysis USDJPY - 4 Sep 2023

Earlier today, Japan's August Monetary Base data revealed a 1.2% year-on-year increase in liquidity, contrasting with the -1.3% prior figure.

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Daily Analysis USDJPY - 1 Sep 2023
September 01 2023

Daily Analysis USDJPY - 1 Sep 2023

US PCE Price Index released on Thursday suggests that there could still be room for a 25-basis points interest rate hike before the year ends.

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Daily Analysis USDJPY - 31 Aug 2023
August 31 2023

Daily Analysis USDJPY - 31 Aug 2023

Markets are displaying caution as they anticipate the release of the US Personal Consumption Expenditures (PCE) Price Index, which serves as the Federal Reserve (Fed)'s preferred measure of inflation.

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Daily Analysis USDJPY - 29 Aug 2023
August 29 2023

Daily Analysis USDJPY - 29 Aug 2023

USD/JPY is under bearish pressure near 146.50, marking a 0.10% intraday drop in Tuesday's European session.

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