Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
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2-Year U.S. Treasury Note Continuous Contract $102.746 0.020 0.02% 5-Year U.S. Treasury Note Continuous Contract $106.063-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.344-0.031 ...
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a ...
The yen completely unwound last Friday’s rally as new PM Ishiba suggested Japan is not ready for further rate hikes. The... The slide in risk appetite and capitulation in short yen positions has ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain ...
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