26 April 2024 Pound-Yen Rate Leaps to 2015 Highs on Limp Bank of Japan Statement
The Japanese Yen was sold across the board after the Bank of Japan confirmed it would continue with an age-old policy of ultra-low interest rates and continue to buy government bonds.
Read more … →
25 April 2024 Yen's Tumble Could Force Ueda into Hawish Stance: XM.com
The BoJ has a history of disappointing hawkish expectations, and thus, should this be the case again, the yen is likely to continue falling.
Read more … →
23 April 2024 Dollar-Yen at Fresh 34-year High: XM.com
Even with the dollar pausing its latest rally, Dollar-Yen hit a fresh 34-year high at around 154.85.
Read more … →
19 April 2024 Biden Providing Political Cover for Japanese Yen Intervention
In a move reminiscent of the 1985 Plaza Accord, the Biden administration, alongside its Asian allies, appears to be laying the groundwork for a coordinated intervention effort aimed at stemming the…
Read more … →
18 April 2024 Dollar-Yen: Conditions for Test of 155 Building says City Index Analyst
Dollar-Yen's recovery from its overnight lows means price is forming a potential hammer candle on the daily timeframe.
Read more … →