Tag - forex

 
 

FOREX

Former Bank of Japan Gov. Haruhiko Kuroda said Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy.
BUSINESS / Economy
Mar 8, 2025
Japan must fix 'misunderstanding' it is manipulating yen, says ex-BOJ chief Kuroda
Trump said he had told Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.
Trucks wait in line to cross into the United States near the border customs control at the World Trade Bridge, in Nuevo Laredo, Mexico, last November.
BUSINESS / Economy
Mar 4, 2025
Trade wars intensify as U.S. tariffs on Canada, Mexico and China take force
Beijing condemned the move and swiftly retaliated, saying it would impose 10% and 15% levies on a range of agricultural imports from the United States.
U.S. President Donald Trump said Monday that if Japan and China try to weaken their currencies and put the United States "at a very unfair disadvantage," he could impose fresh tariffs on them.
BUSINESS / Economy
Mar 4, 2025
Trump, claiming Japan guiding yen lower, hints at fresh tariffs
Trump said that if Tokyo tries to weaken its currency and put the U.S. "at a very unfair disadvantage," he could unleash more measures.
Bank of Japan Gov. Kazuo Ueda speaks to the press in October in Tokyo. Ueda told parliament on Feb. 12 that the central bank is aware that food price increases are negatively affecting households.
BUSINESS / Economy
Feb 28, 2025
Odds of early rate rise increase as inflation becomes the fight in Japan
Hawkish signals sent by Bank of Japan officials over the past month or so point to such a possibility.
Japanese nominal wages rose at the fastest pace in nearly three decades according to data out this month, and GDP figures showed Japan’s economy outperformed forecasts.
BUSINESS / Economy
Feb 27, 2025
Yen traders raise focus on Japanese data as economy shifts gears
The news marks a mindset change since the Bank of Japan ended its negative-rates policy last March.
Samples of newly-designed Japanese yen banknotes at the National Printing Bureau Tokyo plant in June 2024.
BUSINESS / Markets
Feb 25, 2025
Yen volatility nears six-week high as Tokyo inflation gauge eyed
Investors seem to be divided on how quickly policymakers should withdraw their monetary stimulus.
The Japanese currency climbed as much as 1% to ¥149.95 against the dollar on Thursday, a level it hasn’t touched since Dec. 9.
BUSINESS / Economy
Feb 20, 2025
Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up
Japan’s currency climbed as much as 1% to ¥149.95 against the dollar, a level it hasn’t touched since Dec. 9.
As an alternative way of wagering on yen strength, some firms are using strategies involving European currencies, rather than the U.S. dollar, to profit from a widening rate differential with Japan.
BUSINESS / Markets
Feb 17, 2025
Dollar swings drive creative yen bulls to European-currency trades
Some firms are using strategies involving European currencies, rather than the dollar, to profit from a widening rate differential with Japan.
A monitor in Tokyo shows the yen at the ¥153 level against the dollar on Wednesday.
BUSINESS / Markets
Feb 12, 2025
Yen underperforms major currencies on Trump tariff uncertainties
Japan’s currency has dropped to ¥153.73 against the dollar, its weakest level in a week and lagging all major peers.
A monitor in Tokyo shows the yen at the ¥155 level against the dollar on Monday, when it began rallying after a sharp decline in the previous week.
BUSINESS / Markets
Feb 7, 2025
Yen’s weekly surge underscores growing case for a hawkish BOJ
The Japanese currency has rallied more than 2% this week, heading for the biggest gain since late November.
Finance Minister Katsunobu Kato holds a virtual meeting with U.S. Treasury Secretary Scott Bessent last week.
BUSINESS / Economy
Feb 2, 2025
Japan to closely monitor impact on yen of Trump tariffs, Kato says
Kato spoke as the world braces for first salvo in Trump's tariff war, with general levies of 25% on Canada and Mexico and 10% on China.
Bank of Japan Gov. Kazuo Ueda attends a news conference after the central bank's policy meeting in Tokyo on Friday. The BOJ raised its rate by a quarter-point to 0.5% that day.
COMMENTARY / Japan
Jan 26, 2025
Japan’s central bank drops the drama and wins on rates
The quarter-point increase, which took the main rate to 0.5%, was probably the most telegraphed this century.
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year after the government expanded the scope of the Nippon Individual Savings Account system.
BUSINESS / Economy
Jan 23, 2025
Japan’s love of foreign stocks risks pushing the yen even lower
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
A Donald Trump 2024 campaign hat on the floor of the New York Stock Exchange in New York on Tuesday
BUSINESS / Markets
Jan 22, 2025
Markets braced for uncertainty as Trump holds back from pledged tariffs
Chinese markets were relieved after Beijing avoided an instant blizzard of executive orders, but Mexico's peso and Canada's dollar weren't so lucky.
A cartoon image of U.S. President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 is displayed at a Coinhero store in Hong Kong on Dec. 5.
BUSINESS / Markets
Jan 20, 2025
Trump’s win sparked euphoria in markets — now comes the real test
A reversal was first apparent in the stock market, where the S&P 500 Index gave back a solid chunk of its "Trump bump.”
Because of the U.S. dollar peg, Hong Kong can no longer be Asia’s go-to fundraising platform, eroding a key selling point for the financial center.
COMMENTARY
Jan 15, 2025
Hong Kong-dollar peg makes less sense than ever
It’s increasingly clear that the currency regime, which inevitably ties the city’s lending rates to those of the U.S., is outdated and needs a revamp.
Donald Trump could weaken the dollar, but whether it would boost U.S. exports or improve America's trade balance with other countries is uncertain.
COMMENTARY / World
Jan 12, 2025
Can Trump dump the dollar?
Donald Trump could weaken the dollar, but whether it would boost U.S. exports or improve the trade balance remains uncertain.
A visitor holds a ¥1,000 banknote to offer a prayer on the first business day of the year at the Kanda Myojin shrine in Tokyo on Monday. The yen has declined against the dollar for four straight years amid a wide gap between interest rates in Japan and the United States.
BUSINESS / Markets
Jan 10, 2025
Yen intervention risk creeps higher as U.S. jobs report approaches
The yen is within reach of ¥160 per dollar, a breach of which would increase concern about the weak currency’s impact on business and consumers.
The yen hit its lowest level against the dollar since July on Tuesday, prompting a warning from Finance Minister Katsunobu Kato over speculative moves.
BUSINESS / Markets
Jan 7, 2025
Japan warns on speculative FX moves after yen hits six month low
Any further changes in expectations over the trajectory of rates in the U.S. or Japan could sharply ramp up speculation of renewed intervention.
A Wall Street sign in front of a U.S. Flag outside the New York Stock Exchange before the Federal Reserve announcement in New York on Sept. 18.
BUSINESS / Markets
Dec 24, 2024
Risks stack up for the global economy in 2025
New spending priorities beckon for national budgets already stretched after the pandemic, from tackling climate change to boosting armies to caring for aging populations.

Longform

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