The Japanese yen traded around 163.7 per dollar on Tuesday, lingering near its weakest level in four decades as the dollar remained firm on speculation that the Federal Reserve could raise interest rates as soon as this week.Meanwhile, the Bank of Japan is widely expected to leave its policy rate u…
The Japanese yen strengthened to around 163.5 per dollar on Monday as the dollar and oil prices retreated after the US and Iran suspended strikes against each other over the weekend amid efforts to revive diplomacy.Japan remains heavily dependent on Middle Eastern oil imports, leaving its economy e…
The U.S. Treasury Department said the Japanese yen has remained weak despite a narrowing in U.S.-Japan interest rate differentials, adding that excessive currency volatility is undesirable.In its semi-annual currency report released Thursday, the Treasury urged the Bank of Japan to continue raising…
The Japanese yen hovered around 163 per US dollar after hitting a four-decade low of 163.24 earlier this week, as traders weighed potential interventions by authorities as well as expectations that the Bank of Japan could accelerate interest-rate hikes.Sentiment toward the currency has weakened in…
Japan's Finance Minister Satsuki Katayama said on Wednesday that the government remains prepared to intervene in currency markets if excessive exchange-rate moves threaten financial stability, after the yen weakened beyond JPY 163 per U.S. dollar to its lowest level in about 40 years.Speaking to re…
The Japanese yen weakened beyond 163 per dollar on Wednesday, sinking to its lowest level since October 1986 and keeping markets on high alert for possible government intervention to support the currency.The move came as escalating tensions in the Middle East drove oil prices higher, pressuring Jap…
The Japanese yen traded around 162.3 per dollar on Monday, hovering near its weakest level since 1996 as a stronger dollar and surging oil prices, driven by the escalating conflict in the Middle East, continued to weigh on the currency.The US military carried out fresh airstrikes against Iran follo…
The Japanese yen weakened toward 162.5 per dollar on Friday, hovering near its weakest level in four decades as investors saw little sign of decisive action from Tokyo to support the currency.A recent report also indicated that Japan has no immediate plans to alter the asset allocation of its state…
The Japanese yen traded around 162.4 per dollar on Tuesday, holding onto losses from the previous session and hovering near its weakest level in four decades amid the absence of follow-up intervention by Japanese authorities.On Monday, the currency weakened sharply after Reuters reported that Tokyo…
The Japanese yen strengthened past 161.5 per dollar on Friday, erasing all of its losses from earlier in the week as traders remained alert to the possibility of official intervention after the currency weakened to fresh 40-year lows.Market participants are now awaiting intervention data due later…
The Japanese yen traded around 162.5 per dollar on Thursday, hovering near 40-year lows as renewed conflict between the US and Iran drove oil prices higher, adding pressure to Japan’s oil-dependent economy and weighing on the currency.The US military confirmed it had carried out strikes on Iran for…
The Japanese yen weakened toward 162.5 per dollar on Wednesday, sliding back toward 40-year lows as the US dollar gained on renewed safe-haven demand after fresh US air strikes on Iran in response to recent attacks on ships transiting the Strait of Hormuz.The escalation pushed oil prices higher, re…
The Japanese yen traded near 162 per dollar on Tuesday, hovering close to its weakest level in four decades as investors continued to bet against the currency amid the absence of intervention from Japanese authorities.Even so, markets remained alert for any move by Tokyo to support the yen, though…
The Japanese yen traded near 161 per dollar on Friday after jumping nearly 1% in the previous session, as Finance Minister Satsuki Katayama reiterated that authorities stand ready to intervene at any time to support the currency.Her comments came amid growing speculation over another round of inter…
The Japanese yen jumped nearly 1% toward 161 per dollar on Thursday before trimming its gains, rebounding from four-decade lows as traders stayed on high alert for possible currency intervention.The move followed a Reuters report that Japan may stop signaling its intervention plans in advance, unli…
The Japanese yen hovered around 162.5 per dollar on Thursday, remaining at its weakest level in four decades and keeping traders on alert for possible currency intervention ahead of a US public holiday, when thinner market liquidity could magnify the impact of any official action.Finance Minister S…
The Japanese yen weakened past 162.5 per dollar on Wednesday, sinking to its lowest level in four decades and fueling speculation that authorities could intervene to support the currency.Traders are watching Friday’s US holiday as a potential opportunity for Tokyo to buy yen, as thinner market liqu…
The Japanese yen weakened beyond 162 per dollar on Tuesday to its lowest level since 1986, raising concerns among policymakers and keeping investors alert for potential currency intervention by Tokyo.The yen remained under pressure as the wide interest rate gap between Japan and the US persisted, w…
The Japanese Yen touched 161.95 against the USD, the lowest since December 1986.Over the past 4 weeks, US Dollar Japanese Yen gained 1.43%, and in the last 12 months, it increased 12.61%.
The Japanese yen was little changed at around 161.7 per dollar on Monday, remaining close to its weakest level since 1986 despite data showing retail sales rose 5.3% in May, the fastest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A str…
