Tag Archives: yen

[unable to retrieve full-text content]Yen Rebounds Strongly After First Slide Past 160 Since 1990  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks Gain as Focus Turns to Fed, Yen Rebounds: Markets Wrap  Yahoo Finance Source link

(Bloomberg) — The yen fell after the Bank of Japan brought an end to the world’s last negative interest-rate policy and emphasized that financial conditions will remain easy. Most Read from Bloomberg The BOJ’s first hike in 17 years had been widely expected and Governor Kazuo Ueda struck a neutral tone at a news conference, saying there’s still a chance its inflation goal will not be hit. While the central bank scrapped its yield curve control program, it also pledged to keep buying… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 31, 2022 The Bank of Japan (BOJ) was in a bind on Monday. Its currency, the yen, was crashing while yields on their government bonds were surging. The solution — four days of unbridled bond buying by the BOJ to stem the hemorrhaging and contain interest rates. While the gambit worked (for now), Wall Street is waking up to this… Source link

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link