Page 6 - Yen

Yen under pressure; Australian dollar slides as data shows inflation easing

The yen was under pressure against most other major currencies on Wednesday, even as Japanese authorities said they could intervene to prop it up, while the Australian dollar dropped

Yen falls after BOJ stands pat; hawkish ECB and soft US data dent dollar

The decision by the BOJ to keep its short-term interest rate target at -0.1% and its 10-year bond yield around 0% was widely expected

Euro slips on GDP data, yen slumps as BOJ maintains ultra-low rates

Preliminary data showed gross domestic product in the euro zone expanded by 0.1% in the first quarter, below expectations in a Reuters poll for 0.2%

Panic over bank crisis sparks flight to safe haven currencies including yen

In the latest blow to investors' confidence in the financial sector, Credit Suisse's shares on Wednesday plunged as much as 30%, after its largest shareholder said it could not provide further support

Dollar steady as volatile markets brace for payroll data, Swiss franc jumps

Futures pricing now implies a roughly 52% chance that the Fed will raise rates by 50 basis points this month, compared with 70% before the data release, according to CME's Fedwatch tool

NTPC plans to raise up to $750 million term loan in JPY denomination

State-owned power giant NTPC plans to raise term loan of USD 750 million (about Rs 6,213 crore) in Japanese Yen (JPY) denomination to finance its capital expenditure on new and ongoing projects. The company has sought bids for the JPY loan, which is to be raised through External Commercial Borrowing route. According to a bid document, the term loan would be for USD 150 million with green shoe option of USD 600 million. It also stated that the proceeds of the loan will be utilised for capital expenditure for ongoing/new capacity additions programme, renewable energy projects, including hydro, coal mining and refinancing of existing ECB/Rupee loan availed domestically for CAPEX (capital expenditure) etc. The last date for submission of bids is March 1, 2023 and proposals would be opened the same day. NTPC is the largest power generating company in India. It occupies a dominant position in the domestic power sector with presence in the entire value chain of the power generation ...

Dollar hits 6-wk high vs yen, rallies from 2-week low after inflation data

The dollar index, which measures the greenback against a basket of major currencies, was last flat at 103.22. It dropped as low as 102.50, its weakest level since Feb 3

Dollar hangs near five-week high as inflation data looms; yen slips

The risk-sensitive Australian and New Zealand dollars eased with Asian equities on worries that higher U.S. rates will choke growth. Sterling also retreated

Dollar on the front foot after robust jobs data, yen falters to 3-week low

The yen weakened to a three-week low of 132.60 per dollar after the report, and was last fetching 132.35, down 0.88%

US dollar on back foot as euro nears nine-month peak, yen bounces

The dollar-yen pair declined to as low as 127.215, the weakest since May, in the run-up to the Bank of Japan's policy review last week amid rising bets for an end to stimulus

Dollar hovers around seven-month lows as economic storm clouds gather

Data on Friday showed Japan's core consumer prices in December rose 4.0% from a year earlier, double the central bank's 2% target

Dollar around seven-month low as growth concerns mount, yen retreats

The US dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite

Japan saw record trade deficit in 2022 amid soaring energy prices, weak yen

According to the Finance Ministry, the country logged a 19.97 trillion yen ($155 billion) deficit for 2022

Yen drops as BOJ sticks to ultra-easy policy, sterling hits one-month high

The dollar index, which measures the safe-haven dollar against six peers including the yen, fell 0.4% at 102.01

Yen perched near 7-mth high as investors wait for policy shift at BOJ

The dollar drifted above multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at the Bank of Japan

Dollar steadies after hitting 7-month low against major peers; yen in focus

The Fed's aggressive rate increases were a main driver of the dollar index's 8% surge last year

Yen tests seven-month high ahead of BOJ policy decision; dollar wobbles

With the BOJ due to announce its monetary policy decision on Wednesday, expectations are for further tweaks to its yield control policy or a full abandonment of it

Yen jumps as markets test Bank of Japan, inflation retreat lifts stocks

A wave of emergency BOJ buying later reined the yield back in, but markets remained jumpy

Yen jumps, dollar near 7-month low against euro ahead of US inflation data

"You could start to see the normalisation of monetary policy which would be a huge step for Japan (and) a very positive tailwind for the yen," Turner added

Dollar edges to one-week high vs yen amid spike in Treasury yields

The greenback dropped as low as 130.58 yen that day for the first time since early August as traders speculated about an eventual end of BOJ stimulus