author

 
 

Meta

David Finnerty
The yen has gained more than 4% this month versus the dollar amid expectations the U.S. Federal Reserve will start cutting interest rates this week.
BUSINESS / Markets
Sep 17, 2024
Hedge funds start to split on long-yen trades before Fed and BOJ meets
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to increase their long-yen positions.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 15, 2024
Yen’s woes seem too big for even a BOJ hike this month to solve
Despite a boost and a favorable drop in U.S. bond yields, the yen still ended last week up less than 2% against the greenback.
The rate of the U.S. dollar against the yen is displayed on an electronic stock board outside a securities firm in Tokyo earlier this month.
BUSINESS / Markets
May 28, 2024
Popularity of yen 'carry trade' may dent impact of BOJ rate rises
The weakening yen and strengthening greenback are increasing the attractiveness of the strategy by boosting its total return.
Finance Minister Shunichi Suzuki
BUSINESS / Markets
Aug 16, 2023
Yen option traders unfazed by risk of intervention from Japan
Option traders see little likelihood of intervention even if the yen weakens to ¥145.90 against the dollar.
Japan Times
BUSINESS / Markets
Dec 22, 2022
Investors rush to update yen playbook after Bank of Japan’s surprise shift
The yen surged 4.8% on Tuesday after the BOJ blindsided the market by raising its cap on 10-year bond yields to 0.5% from 0.25%.
Japan Times
BUSINESS
Oct 10, 2022
Yen traders show resilience to risk of more Japan intervention
One-week implied volatility in the dollar-yen has fallen to trade well below highs seen last month, even as the currency pair closes on u00a5145.90 per dollar.
Japan Times
BUSINESS / Markets
Jan 29, 2019
Yen bulls face reckoning as data threaten to add to evidence Japanese economy is slowing
Investors growing increasingly bullish on the yen may have to re-examine their outlook if retail sales and industrial production figures due this week add to mounting evidence that the Japanese economy is slowing.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition