TOKYO, Oct. 20 (Xinhua) -- The Japanese yen dropped past the psychologically important 150 level versus the U.S. dollar on Thursday, marking the first time the currency has dropped to this level since 1990. Market analysts here said the U.S. dollar was bought on continued speculation the ...
TOKYO, April 25 (Xinhua) -- The Japanese yen continued to drop against the U.S. dollar to a fresh low in 34 years on Thursday after sinking below the 155 psychological mark, keeping the market on alert for possible interventions. On Thursday, the yen dipped as low as 155.74 in Tokyo, ...
The BoJ's policy of keeping yields pinned down has weighed heavily on the Japanese currency for the past year, and fresh intervention on Monday showed it could continue to do so. Japan's benchmark 10-year government bond yield surged to a nine-year high, spurring the central bank to condu...
Markets are on guard for any intervention by Japanese authorities to contain the yen’s nearly 11 percent fall this year. While the yen had its biggest drop in six months on Friday, it also briefly surged to 154.97 to the dollar, triggering speculation that Japanese authorities may have checke...
Yen weakens past 100 to dollar, may fan talk of currency warReuters
The dollar's jump to a peak of 101.20 yen came as finance ministers and central bankers of the G7 countries gathered for a two-day meeting near London, with currency movements one of the topics on the agenda. It was spurred past the key 100 level when weekly US jobless claims...
The fall of about 0.5 per cent on Wednesday pushed the yen past ¥126 to the dollar, taking the currency almost 9 per cent lower for the year to date. The BoJ’s pledge tocontinue stimulus measuresin order to bolster Japan’s economy contrasts sharply with the global consensus among cent...
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The problem for Korea had seemed obvious: while the yen has slid 20 percent against the dollar over the past year, the won has climbed by a third against the Japanese currency, in theory allowing Japanese companies to undercut Korean competitors.
The dollar has pulled back to move in a range around 130 yen since then, while stoking some concerns about renewed yen rises, which could hamper Japanese exports of cars and electronics. It was rare for Japan to conduct yen-buying, dollar-selling interventions given the country's past battle...