Page 3 - Yen

Asian shares extend global rally, Nikkei stands out amid yen surge

Japan's Nikkei, tumbled 3 per cent as the strengthening yen clouded the outlook for the country's exporters

BOJ raises key interest rate, aims to curb yen's slide against dollar

The Bank of Japan raised its key interest rate Wednesday to about .25% from zero to about 0.1%, acting to curb the yen's slide against the U.S. dollar. The move was widely expected, and the yen gained sharply against the dollar ahead of Wednesday's decision, trading at 152.75. But the dollar rebounded slightly after the decision, to 153.17 yen. Share prices in Tokyo slipped 0.2% after the decision, to 38,463.18 after the decision. The central bank has kept interest rates near or below zero for years, seeking to spur inflation in hopes that would sustain stronger growth for one of the world's largest economies. That strategy has proven controversial. It did help to end a prolonged bout of deflation, or falling prices. But since wages failed to keep pace with price increases, consumers have tended to spend less rather than more. Still, the bank said conditions warranted a change. A weak yen has pushed prices in Japan higher since it makes imported gas, oil and other necessities more

Yen eases after demands sap, Nikkei jumps amid central bank meetings loom

Speculation has grown that the Bank of Japan will raise interest rates on Wednesday at the same time as significantly reducing its monthly bond purchases

Asian stocks remain on back foot as wild week winds down, Yen steady

Regional stocks took their cues from Wall Street, where the S&P 500 and tech-heavy Nasdaq slipped further after Wednesday's frenetic selling

Yen rises over 0.5% as carry trades unwind, risk sentiment takes a hit

The yen rose more than 0.5 per cent to an intraday high of 152.835 per dollar, its strongest in 2-1/2-months

Japan attracts record 3.14 mn visitors in June as weak yen draws tourists

The number of foreign visitors for business and leisure was 3.14 million last month, exceeding the previous monthly record of 3.08 million set in March

Yen choppy amid intervention concerns, Asian shares eye weekly gain

Moves in the yen against the dollar and other major currencies stole the spotlight on Friday

What explains Japanese government's non intervention to support yen?

Massive interest rate differentials between the U.S. and Japan have been weighing the yen down, putting monetary policy at the centre of the currency's woes

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows

The US is back on a disinflationary path, Powell said on Tuesday, although he cautioned that policymakers need more data

As US inflation cools, Asian stocks head for 5th straight month of gains

Asian markets were little fazed by the first US presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump ahead of the November election

Asia stocks down, yen slump, keeping markets on intervention alert

Shares in bellwether chipmaker Micron Technology slid 8 per cent in US after-hours trade as it met rather than topped lofty revenue expectations. Japan's Nikkei fell 1 per cent.

After rallying to 26-mth high, Asian shares end the week with a whimper

Overnight, the Swiss National Bank cut rates for a second time while the Bank of England opened the door to an easing in August after holding rates steady

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Asian stocks slide, dollar at all time high, yen wobbles ahead of BOJ meet

The dollar was hovering near a one-month high on the back of the hawkish tone from the Fed this week

BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino

However, he said it was inappropriate for central banks to directly target exchange rates in setting monetary policy

Japan spent $62 bn to support yen after it fell to 34 yr low last month

The finance ministry disclosed figures Friday for the period between April 26 and May 29

Asian stocks gain, yen stable, dollar drifts as inflation tests await

A downward revision to consumer spending meant the US economy grew more slowly than expected in the first quarter, data showed on Thursday

Dollar steadies before awaited inflation test, yen brushes off Tokyo CPI

Official data showed overnight that the US economy grew at an 1.3 per cent annualised rate from January through March

Higher US bond yields push Yen to 4-week low ahead of key inflation data

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April

Dollar steady ahead of inflation data, yen weakens, Fed rate cut unlikely

The dollar was also lifted by rising Treasury yields after a lacklustre debt auction for sales