The Japanese Yen is at the core of current global FX action, and after days of significant appreciation, the question of how much further it can run is being asked.
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The Japanese yen rose after political pressure mounted on the Bank of Japan to raise interest rates further.
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The Japanese Yen has powered higher, with analysts saying the Bank of Japan might have intervened, having spotted an opportune moment to support its currency.
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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 a…
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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.
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