Dollar-yen closed Tuesday above the 147 mark for the first time since November, prompting a strong intervention warning from Japan’s vice minister of finance for international affairs, Masato Kanda…
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The dollar shines and the Japanese yen slides as U.S. bond yields power higher writes Marios Hadjikyriacos, Senior Investment Analyst at XM.com.
Read more … →For the Yen, the tweak appears to have caused some confusion in the markets as it’s unclear if policymakers are targeting specific levels or ranges within the ±100-bps band around 0%.
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The Pound to Yen exchange rate was the biggest faller among Sterling pairs early in the final session of the week after the Bank of Japan (BoJ) said it would enhance the sustainability of its Yield…
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The Pound to Yen exchange rate is the biggest riser of the Sterling pairs for the year but could be turned on its head by month-end if the Bank of Japan (BoJ) surprises financial markets in calling…
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