Tag - yen

 
 

YEN

Japan Times
BUSINESS / ANALYSIS
Sep 30, 2022
U.S. has no appetite to intervene on behalf of falling pound or yen
The drop in the pound has largely been attributed to British spending plans that stretch the government's finances.
Japan Times
BUSINESS / ANALYSIS
Sep 28, 2022
Weak yen pulls Japan away from BOJ governor's radicalism
Government intervention to prop up the yen shortly after Haruhiko Kuroda made comments that led to a weakening of the currency highlights the uneasy relationship between the two.
Japan Times
BUSINESS / Markets
Sep 27, 2022
BOJ chief Haruhiko Kuroda backs intervention while stressing need for easing
The government's action last week came almost directly after the BOJ's ultralow rates stance fueled further yen weakening, triggering doubt over the authorities' unified stance.
Japan Times
BUSINESS / Companies
Sep 26, 2022
McDonald's hikes prices in Japan on higher input costs and weaker yen
It marks the company's second set of price increases this year as Japan grapples with inflationary pressures and a slide in the yen.
Japan Times
BUSINESS
Sep 26, 2022
Japan finance chief reaffirms readiness to respond to yen speculation
The remark came after the government's decision Thursday to intervene in the currency market to stem yen weakness, by selling dollars and buying yen for the first time since 1998.
Japan Times
BUSINESS / Economy
Sep 26, 2022
Crisis level risks loom in Asia as U.S. Fed rate pressure forces yen and yuan to sink
While others are digging deep into foreign-exchange reserves to mitigate the damage, the yuan and yen's slump threatens the region's mantle as a preferred destination for risk investors.
Japan Times
BUSINESS / Markets
Sep 23, 2022
U.S. expresses understanding over Japan's bid to boost weak yen
Japan conducted a large-scale yen-buying operation Thursday after the dollar rose above the u00a5145 line in Tokyo trading, its highest level since 1998.
Japan Times
COMMENTARY / Japan
Sep 23, 2022
Japan’s intervention underlines its interest rate isolation
The yen is paying the price for the Bank of Japan's ultraeasy monetary stance. Until the bank shifts, a sustained rally is very difficult.
Japan Times
BUSINESS / FOCUS
Sep 23, 2022
Japan's intervention unlikely to stem yen's slide
The dollar remains on course to return to the u00a5145 level and possibly rise to u00a5147.66, a level unseen in more than 32 years, market analysts say.
Japan Times
BUSINESS / Markets
Sep 22, 2022
Yen jumps as Japan intervenes in currency market for first time since 1998
The dollar plummeted to the u00a5140 level at one time after the intervention, falling about u00a55 from u00a5145.90.
Japan Times
BUSINESS / Economy
Sep 22, 2022
Government intervenes to bolster yen as BOJ maintains dovish stance
After the BOJ's policy announcement, the yen fell to the key u00a5145 line, prompting the government to give the green light to a yen purchasing intervention.
Japan Times
BUSINESS / Economy
Sep 22, 2022
BOJ maintains ultralow rate policy despite yen weakness
At the end of a two-day policy meeting, the BOJ set short-term interest rates at minus 0.1%, cementing its status as a global outlier amid soaring inflation.
Japan Times
BUSINESS
Sep 21, 2022
BOJ’s Kuroda set to risk further yen weakening after Fed decision
A key focus of a BOJ meeting ending Thursday will be if it changes its forward guidance, as it's widely expected to end its COVID funding program.
Japan Times
BUSINESS / Economy
Sep 20, 2022
Inflation hit 31-year high in August, data shows, as BOJ plans to maintain stimulus
Rising energy and processed food costs continued to account for most of the year-on-year increase, while electricity prices were also higher.
Japan Times
BUSINESS / Economy / FOCUS
Sep 19, 2022
Higher restaurant prices add to pressure on Japanese consumers
McDonald's Japan branches, curry restaurant operator Ichibanya and Torikizoku Holdings have also passed on higher costs to consumers this year.
Japan Times
BUSINESS / FOCUS
Sep 18, 2022
Will inbound tourism help stop the bleeding for the yen?
Some economists believe fully lifting border measures — as the government appears ready to do — will not only boost the Japanese economy, it could help stabilize the yen.
Japan Times
BUSINESS / Markets
Sep 16, 2022
Japan’s contradictory stance leaves yen at risk of further slide
This week, as the finance minister was warning he would step into markets to shore up the yen if needed, the BOJ was boosting bond purchases to keep yields low.
Japan Times
BUSINESS / Economy
Sep 16, 2022
BOJ Gov. Haruhiko Kuroda seen sitting tight even after jumbo Fed hike
Most BOJ watchers are convinced Kuroda won't raise rates to cool the rapid weakening of the yen.
Japan Times
BUSINESS / Companies
Sep 15, 2022
More yen pain could catch Japanese firms off guard, poll shows
The yen's downturn this year, which accelerated in recent weeks, has burdened households with higher costs of everything from food to fuel.
Japan Times
BUSINESS / Economy
Sep 15, 2022
Japan’s record trade deficit shows growing pain of feeble yen
The record trade gap adds to concerns over the strength of Japan's economic recovery, as higher import bills for energy and food can cool consumption.

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