Citibank says the prospect of a market intervention by Japanese authorities is increasingly likely following the 2024 depreciation in the Yen.
Read more … →JPY was stronger across the board following the release of consensus-beating inflation data, however, it will further inflation beats and the global central bank rate cutting cycle to break the curโฆ
Read more … →From a technical point of view, the Dollar-Yen exchange rate is at a major pivotal area here.
Read more … →The Japanese Yen fell against all its peers on Thursday after a Bank of Japan official cautioned against expectations for significant interest rate hikes.
Read more … →The Japanese Yen has had a tough start to 2024 but will consolidate and avoid a repeat of 2023's weakness as the Bank of Japan remains set to exit its Negative Interest Rate Policy (NIRP).
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