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The Japanese yen ploughed a fresh 38-year low against its US counterpart on Tuesday, hitting 161.75 per dollar, amid ongoing doubts about the Bank of Japan’s ambition to normalise monetary policy and an unexpected pickup in US yields.
July 2,2024
The Dollat-Yen exchange rate level at which Japanese authorities might intervene in the market has risen, according to a new analysis from ING Bank.
June 27,2024
The world's largest asset manager says it views Japan as a long-term bet.
June 19,2024
The Japanese Yen fell against the Dollar after the Bank of Japan gave no hint it was prepared to raise interest rates further in the coming months, although a broader deterioration in sentiment is helping this traditional 'safe-haven' against other currencies such as the Pound.
June 14,2024
The USD/JPY is nearing intervention territory as it climbs above 157.00. Are we going to see a re-test of 160.00? asks Fawad Razaqzada, Market Analyst at City Index and FOREX.com.
May 29,2024
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