Tag: yen
The Yen is at its weakest, what are the repercussions?
On Friday, the Bank of Japan and the Japanese government issued a rare joint statement indicating that they may intervene if Yen weakness persists. So far, the fallout from the…
Japan will take “appropriate measures if necessary” against the fall of the yen
In an extremely rare joint statement, the Japanese Ministry of Finance, the Bank of Japan (BoJ) and the Japanese financial policeman (FSA) said on Friday that they would take “appropriate…
Japanese import growth in May set to hit 6-month high on rising commodity prices and yen weakness
Rising import costs are inflicting increasing pain on Japanese households and domestically-focused businesses, challenging the central bank’s position that a weak yen is good for the economy as a whole.…
Jpy/usd: Why the yen is at a 20-year low against the dollar
(BFM Bourse) – The yen has been trading at lows for twenty years against the dollar – and seven years against the euro – due to the growing gap between…
Andy Yen, CEO of Proton: “Google users pay with their most private and personal data”
While Proton is changing by offering a new, more global offer that respects user privacy (email, calendar, online storage, VPN, etc.), we were able to speak with Andy Yen, founder…
Yen continues to fall, euro remains stable as all eyes turn to ECB meeting
The ECB is virtually certain to end its asset purchase program at the end of the month and promise a rate hike in July, but the extent and pace of…
the euro and the yen regain ground on the dollar
The euro and yen rallied on Thursday, reversing some recent losses against the US dollar, while the Swiss franc hit a one-month high against the euro after Swiss inflation hit…
Thanks to the weakness of the yen, Japan remains the leading creditor nation, with record net foreign assets.
A weak yen – it lost around 11% against the dollar last year – has boosted the value of foreign assets held by the Japanese government, businesses and individuals. And…
the weakness of the yen could make the Chinese authorities react
“In recent days, the yen has returned to its lowest level against the dollar for 20 years. This is largely explained by the divergence in monetary policy between the Bank…
In Japan, the sharp fall of the yen begins to worry
In the past, declines in the yen were appreciated, even supported by Japan to support exports. BEHROUZ MEHRI / AFP How far will the Japanese currency fall? Since the start…
monetary status quo despite inflation and the fall of the yen
The Bank of Japan maintained its ultra-accommodative monetary policy on Thursday, despite inflation now clearly accelerating in the country and the sharp fall in the yen linked to rate hikes…
$ at its highest since March 2020, the Yen falls -2%
What volatility, and what an abyssal plunge of the Yen! It collapsed 2% against the dollar (to a 20-year low of 1.3100%) after the Bank of Japan (BoJ) decided to…