Page 10 - Yen

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

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%

Asian stocks wobble as China lockdowns weigh; Japanese yen wallows

Japanese yen gained on the dollar, having fallen nearly every session in the past two weeks and repeatedly setting fresh 20-year lows

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

Gold prices ease as dollar firms, safe-haven demand caps losses

Gold is trading below $1,998.10, a more than one-month high hit on Monday, as the dollar index scaled an over two-year peak on elevated US Treasury yields

Yen hits record low at 127.44 against US dollar; lowest in 20 years

Dollar has risen 4.5% on the Japanese currency so far this month, which would be its second-biggest monthly percentage gain since 2016 behind March's 5.8%

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

Japan's yen bounces briefly after policymaker Haruhiko Kuroda's comment

Yen fell to a two-decade low of 126.795 in early Asian trading, before both Bank of Japan Governor Haruhiko Kuroda and Fin Min Shunichi Suzuki voiced concerns and caused it to bounce as far as 126.25

Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low

The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.

Investors snap up dollar on hawkish Fed views; yen slumps past 126

The yen led losers against the dollar with the Japanese unit weakening 0.8% to cross the 126 yen to the dollar level for the first time since May 2002.

Dollar edges higher ahead of payrolls, resumes climb versus yen

The U.S. currency also garnered support due to its status as a pre-eminent safe haven, with peace talks between Russia and Ukraine stumbling, though they are set to resume later on Friday.

Euro holds at one-month high, yen set for worst month since 2016

The European single currency was at $1.1175 holding its highest in a month, having gained 1.7% so far this week.

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.

Rate outlook drags world stocks, yen slides

NEW YORK (Reuters) -U.S. Treasury yields paused their ascent on Monday as oil prices fell on fears of weaker Chinese demand, while the yen at one point suffered its biggest daily fall since 2020 after Japan's central bank vowed to defend its low-rate policy.

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

Euro edges higher as focus on Ukraine, yen rebounds vs dollar

The euro was edging higher on Friday, but concerns about a potential slowdown of the economy kept it in a tight range

Yen bounces as BoJ drags heels on bond buying; export prices remain high

After touching a six-year low of 122.44 per dollar in the morning, by the Tokyo afternoon the yen had snapped a five-day losing streak and was up as far at 1% to 121.18

Dollar firms on hawkish Fed remarks, yen hits lowest since 2015

Equity markets were volatile, struggling to make gains in the Asian session, after more hawkish comments from the U.S. Federal Reserve made investors more cautious