Tag - dollar

 
Menu
Search
 
November 21, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

DOLLAR

The likelihood of interest-rate hikes from the Bank of Japan and further cuts from the Federal Reserve will drive the yen's recovery to as far as ¥130 against the dollar, according to some strategists.
BUSINESS / Markets
Nov 18, 2024
Yen bulls lie in wait for U.S.-Japan yield gap to shrink next year
The likelihood of Bank of Japan interest-rate hikes and further Federal Reserve cuts will drive the yen's recovery, some say.
Masato Kanda, then-vice minister of finance for international affairs, in January 2022
BUSINESS
Nov 13, 2024
As pain from weak yen deepens, Japan's ex-currency chief Masato Kanda warns of action
Kanda's warning came as the Japanese currency weakened to a three-month low of near ¥155 to the dollar.
Bundles of Chinese yuan banknotes at the Ninja Money Exchange, operated by Interbank HD, in the Shinjuku district of Tokyo on June 9, 2022.
BUSINESS / Markets
Nov 7, 2024
Trump’s resurgence sinks emerging markets as dollar soars
Currencies in Eastern Europe led losses, sending the emerging-market currency gauge to its worst day since February 2023.
Tokyo stocks rallied on Wednesday as ballots were counted in the U.S. presidential election.
BUSINESS / Markets
Nov 6, 2024
Tokyo stocks rally and yen falls as Trump nears election win
The 225-issue Nikkei stock average rose 2.61% on the day while the yen fell 1.6% against the dollar as it became increasingly apparent that Donald Trump would likely win.
A screen showing the yen's exchange rate against the U.S. dollar in July
BUSINESS / Economy
Nov 5, 2024
Yen is the first of many Japanese assets set to pivot on U.S. election
Given the size and liquidity of its markets, Japan will be in particular focus during the U.S. election.
A perfect storm of political uncertainty at home and abroad is brewing for markets in Japan.
BUSINESS / Markets
Nov 1, 2024
Investors in Japan place — and hedge — their bets ahead of U.S. election
Donald Trump's lead in U.S. battleground-state polls, coupled with the outcome of Sunday's Lower House election, is fueling bets on the dollar against the yen.
Stock data is displayed in the Lujiazui financial district in Shanghai in August.
BUSINESS / Markets / ANALYSIS
Nov 1, 2024
Investors take cover in Asia ahead of U.S. election
Money managers are looking to make bets in India or China that stand to gain regardless of who becomes president. 
In the run-up to the Nov. 5 U.S. presidential election, the yen is again the top performer during periods of extreme market stress, analysts say.
BUSINESS / Markets
Oct 29, 2024
Embattled yen still popular haven amid U.S. election uncertainty
Japan’s record ¥3.02 trillion current-account surplus, deep yen liquidity and relatively low inflation help make the yen attractive as a store of value.
The prospect of the yen's further depreciation is prompting strategists to warn of increased intervention risk near the ¥150 level, or the 200-day moving average of ¥151.25.
BUSINESS / Economy
Oct 15, 2024
Intervention back on investors’ radars as yen weakens against dollar
The yen had its worst loss against the dollar since 2009 in the five days through Oct. 4.
Norinchukin Bank kicked off its first dollar bond sale since March last year to finance environmentally related projects.
BUSINESS / Companies
Oct 14, 2024
Norinchukin kicks off first dollar bond sale since losses
The bank started marketing a five-year green bond on Oct. 8 at a spread of around 155 basis points over Treasurys.
Three-month basis swaps for dollar-yen dropped to negative 53.5 basis points on Thursday, a level not seen since November 2023.
BUSINESS
Oct 5, 2024
Boom in samurai bond issuance drives up yen swap costs
Three-month basis swaps for dollar-yen dropped to negative 53.5 basis points on Thursday, a level not seen since November 2023.
Japanese firms’ issuance of dollar bonds has surged 60% so far in the fiscal year that started in April, as they target a larger investor base away from the home market.
BUSINESS / Companies
Oct 2, 2024
Japan firms rush past global peers in hunt for dollar funds
The rush highlights the changes issuers and investors face as the U.S. Federal Reserve eases rates while the Bank of Japan heads in the opposite direction.
Traders borrow in currencies where rates are low and put that money to work in economies where rates are high, pocketing the difference.
BUSINESS / Markets / FOCUS
Oct 2, 2024
Massive carry trade still lurks in the shadows and looms over markets
Trillions might remain, slightly different, less obvious and all but forgotten by a market eager to move on.
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.
Global investors are expecting the yen may rise further since the Bank of Japan raised interest rates in July.
BUSINESS / Markets
Sep 10, 2024
Yen rally prompts an unwind of hedges in Japanese stocks but investors wary of earnings hit
Expectations that the yen may strengthen further have prompted strategists to recommend unwinding currency hedges on Japanese shares that have outperformed peers.
The U.S. dollar has fallen 5% from its 2024 highs, close to its lowest level in about a year against a basket of peers following a sharp drop last month.
BUSINESS / Markets
Sep 6, 2024
Market sentiment mixed on pace of dollar's weakening ahead of Fed rate cuts
The currency has declined rapidly against peers as anticipated interest rate cuts threaten to end the greenback's yearslong period of strength.
Concern about the yen strengthening might limit the Bank of Japan's room for maneuver.
BUSINESS / Economy
Sep 2, 2024
Yen calling the shots as BOJ mulls rate increase
Analysts are concerned that the BOJ is at risk of going too far with its rate hikes and that the currency is close to being too strong.
The yen traded in the 143 range against the dollar on Monday, a three-week high.
BUSINESS / Markets
Aug 26, 2024
Dollar sinks against the yen, hovers near 2½-year low to sterling
The U.S. dollar also hovered near its lowest in 13 months against the euro.
The Kremlin in Moscow on Monday
WORLD / Politics
Aug 13, 2024
Billions in dollar and euro notes reach Russia despite sanctions
Russia has managed to circumvent sanctions blocking cash imports, suggesting that dollars and euros remain useful tools for trade and travel.
JPMorgan Asset has wagers that profit when the yield gap between shorter and longer-term Japanese bonds narrows, and is among those mapping out the BOJ’s next policy step after a wild week of trading.
BUSINESS / Economy
Aug 10, 2024
JPMorgan Asset gameplans for risk BOJ hikes are done this year
"It’s pretty clear that the Bank of Japan is not going to move until markets settle down,” said the head of global rates at the firm.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER