The Japanese Yen has reached milestone lows against some counterparts and prompted increased speculation about the risk of another intervention to stem the declines but any support for the currency might eventually be washed away if it later turns out that inflation has escaped from its lantern in Japan.

June 28,2023

Yen latest

The yen has resumed its downtrend and is currently trying to breach its multi-year lows against the euro and pound, as the capital exodus from Japan continues unabated.

June 27,2023

The Japanese Yen is close to the biggest fallers on the market for a second year running and while forecasters say an eventual shift in Bank of Japan (BpJ) interest rate policy should ultimately lead to a recovery, the Bank of England's (BoE) ongoing experience with inflation suggests that the opposite could easily become true. 

June 20,2023

The Dollar-Yen exchange rate is coiling within a symmetrical triangle pattern but a breakout may be imminent says Mathew Weller, Global Head of Research for FOREX.com and City Index.

June 12,2023

The Pound to Yen exchange rate climbed to its highest level since before the Brexit referendum in the opening week of June but new data revealing a strengthening Japanese economic recovery could pose a significant risk to Sterling if it leads the Bank of Japan (BoJ) to favour a hawkish shift in its monetary policy next week.

June 8,2023

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