Page 7 - Bank Of Japan

Bank of Japan's record $81-billion bond buy brings calm to market

Ten-year yields edged higher to 0.23% Monday in the aftermath of the BOJ's 10.9 trillion yen ($81 billion) of government bond purchases last week, the most on record

Going against the world tide, Bank of Japan maintains ultra-low rates

The central bank kept its policy settings for yield curve control and asset purchases, according to a statement on Friday, in line with the forecasts of almost all surveyed economists

Japanese yen jumps after govt, central bank sound intervention warning

Japan's yen has been battered by traders wagering that BOJ will stick with its ultra-accommodative policy stance just as the Fed and other central banks accelerate their tightening to tame inflation

Highest inflation in Tokyo in over three decades makes things tough for BOJ

While Tokyo's inflation is finally approaching the 2% level targeted by the BOJ, the April figures are unlikely to prompt the central bank to cut back its monetary easing

Hope fizzles for Japan's 'revenge spending' splurge as inflation looms

Some bigger companies have answered a government call to raise wages but the gains of some 2% will be swallowed up by higher prices of everything from flour, to diapers and beer, economists say

Global shares rise as earnings boost, US dollar hits 20-year high

The yen dropped to a 20-year low after the Bank of Japan vowed to buy unlimited amounts of 10-year bonds daily to defend its yield target

Dollar hits 20-yr high, euro at 5-yr low as yen tumbles on dovish BOJ

The dollar shot past the key level of 130 yen after the BOJ strengthened its commitment to keep interest rates ultra-low

Dovish Bank of Japan sends yen to 20-year low, pressure on euro grows

The dollar rose past the psychological level of 130 yen on Thursday for the first time since 2002, after the Bank of Japan (BOJ) doubled-down on its super-low yield policy

Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy

There had been some market speculation the BOJ might step back a little given inflation was rising and other major central banks were tightening, but it showed no hesitation

Yen rises from 20-year trough against dollar as US yields retreat

The U.S. dollar hit 129.43 yen on Wednesday for the first time since April 2002 earlier in the session, before easing to 127.79 yen, down 0.8%

US dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference

"The BOJ has done the opposite of normalization. They have dug their heels in," said Richard Benson, co-chief investment officer at Millennium Global Investments in London

US dollar continues to garner support from Fed hike expectations

The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases

US dollar climbs to near 20-year peak vs yen as more Fed hikes loom

Against a basket of six major currencies, the dollar climbed to 100.52, the highest since May 2020, but was last little changed at 100.29

Asian shares gain as BOJ defends ultra-easy stance, oil price eases

Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan defended its ultra-easy stance, while oil slid on fears of lower demand from China as Shanghai applied a "zero-COVID" strategy

Yen on the ropes as Japanese central bank defends bond yield target

The Japanese currency fell as much as 2.4% to 125.10 to the dollar overnight, its lowest since August 2015, before recovering to 124.24 in volatile morning trade in Tokyo.

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

The euro gained 1.27% to 135.895 yen, a four-year high.

Yen at 6-year low on decisive BOJ move to tamp down bond yields

Treasury yields rose further on Monday, with 10-year yields above 2.5% at a three-year high, boosting the dollar's index to a two-week high

Oil hit by Shanghai shutdown; yen sinks as BOJ defies the yield tide

Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent

Japan's 10-year bond yield rises one basis point to one-month high

Japan's 10-year bond yields tracked US Treasury peers higher on Wednesday, extending gains to hover near a level that prompted the Bank of Japan to step in

BOJ maintains huge stimulus, warns of growth risks from Ukraine crisis

Bank of Japan maintained its huge stimulus and warned of growth risks from Ukraine crisis, reinforcing expectations it will remain an outlier in global shift towards tighter monetary policy