Yen rises as Japanese officials say weak currency is problem
The currency strengthened as much as 1.2%, the most since Sept. 7, to ¥156.94 per dollar on Friday, outperforming all of its Group-of-10 peers.
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The currency strengthened as much as 1.2%, the most since Sept. 7, to ¥156.94 per dollar on Friday, outperforming all of its Group-of-10 peers.
Currency moves past ¥156 to the dollar after sudden jump overnight
Japan's currency is back at about ¥157 to the dollar for the first time since early August.
After the Japanese currency breaks ¥160, a bank starts to wonder whether all the intervention gains could soon be lost.
Jump lifts currency to highest level against dollar in a month, while global markets remain jitteryBusiness live – latest updatesThe Japanese yen has soared by more than 2% against...
Japan's currency gained as much as 1.4% to ¥154.06 against the dollar as growing bets on Bank of Japan rate hikes fuel a sharp reversal in sentiment.
The currency's strengthening is not seen as rapid enough to indicate official buying.
The post YEN Hits 7-Month High as BOJ Rate Hike Bets Strengthen appeared first on Coinpedia Fintech News The Japanese yen climbed to a seven-month high against the U.S. dollar, str...
The Japanese currency posted its best week since July, gaining about 2.4% against the dollar.
Traders now are carefully watching yen levels for signs of when authorities might move to protect the currency.
The currency has now reached its highest level against the US and Australian dollars in six monthsGet our breaking news email, free app or daily news podcastIn the unpredictable wo...
A US dollar sell-off, fueled by falling Treasury yields, verbal intervention from the US Treasury, and the BoJ's reluctance to take an overly cautious approach to monetary tighteni...
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