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The Japanese Yen is leading the pack ahead of the weekend, with the currency advancing against all its major peers amidst an ongoing liquidation of equity holdings in the face of the coronavirus outbreak and further gains are possible says a major Japanese bank.
March 6,2020
The Pound continued a week long decline against the Yen Tuesday and is tipped for further losses over the coming days as a toxic cocktail of coronavirus and Brexit risks take their toll and the safe-haven Japanese unit shines.
March 3,2020
A sharp sell-off in the Japanese Yen looked set to enter a second day amidst an apparent sudden shift in investor perceptions towards the Japanese economy and its currency.
February 20,2020
The big eye-opener on global foreign exchange markets is the sharp and decisive decline in the Japanese Yen, a currency that is not known for its firework displays.
February 20,2020
Japan's economy shrank by 1.6% in the final quarter of 2019 courtesy of the Government's decision to hike sales taxes, the decline that was far greater than the -1.0% decline markets had been expecting and adds weight to calls for authorities to intervene. Any intervention could meanwhile have repercussions for Yen direction in 2020.
February 17,2020
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