ING sees potential short-term USD/JPY gains to 160 amid yen vulnerability and robust risk appetite before a retreat to near 150 by the end of this year amid further Fed rate cuts and a weaker dollar.
Rabobank expects further medium-term yen gains and forecasts USD/JPY declining to 145 over the next 12 months. The bank notes that the Japanese currency has recently moved to the top of G10 performers ...
The troubled yen surged last week as the Fed cemented their decision to implement a huge interest rate cut as Shigeru Ishiba. Central banks' manipulation of interest rates and money supply disrupts ...
The Japanese yen tumbled past 160 per dollar on Wednesday, surpassing its late April 2024 low that previously prompted sharp interventions from the Bank of Japan, which sold forex reserves to curb the ...
The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any intervention from the Bank of Japan to try to prop the ...
Japans top currency diplomat, Atsushi Mimura, reaffirmed Tokyos vigilance over foreign exchange markets, warning that authorities remain on high alert despite the recent surge in the yen against the U ...
The yen’s surge is not just a Japan story. Elections, dollar weakness, and China’s signals explain why currencies moved first and what markets are repricing beneath the surface.
TOKYO (Reuters) - The yen weakened past 100 per dollar, giving Japanese Prime Minister Shinzo Abe a symbolic victory for his easy money policies, with markets bracing for further declines in the ...
Hedge funds are betting the yen will weaken to as low as 160 per dollar by the end of the year, driven by changing approaches to interest rates from the Federal Reserve and the Bank of Japan. Trading ...
The Japanese yen wavered on Wednesday as investors reacted to the ongoing bearish bets on the US dollar, soaring Japanese exports, and wait for the upcoming Japanese consumer inflation report. The USD ...