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YEN NEWS
Japan's government in flux after election gives no party majority, yen hit
October 28, 2024 7:40 am
The uncertainty sent the yen currency to a three-month low as investors and analysts prepared for days, or possibly weeks, of political wrangling to form a government and potentially a change of leadership.
Timeline | History of Japan's intervention in currency markets
March 28, 2024 11:55 am
Japan last intervened in October 2022 as the yen plumbed lows near 152 per dollar. It was then estimated to have spent as much as 9.2 trillion yen ($60.78 billion) defending the currency.
How to travel in Japan cheaply with US dollars, weak yen
October 06, 2022 1:21 pm
The yen has lost about 20% of its value against the dollar this year, making hotels, meals and attractions very affordable for visitors with the US currency
Safety-bid drives Japan's yen after news of Shinzo Abe being shot
July 08, 2022 10:42 am
The yen rose as far as 135.33 per dollar after news that Abe had been taken to hospital after collapsing while delivering a speech in the western city of Nara, after gunshot-like sounds, according to reports by public broadcaster NHK.
Japan has long sought more inflation and a weak yen. But not like this.
May 12, 2022 11:41 am
While overall inflation remains moderate, food and energy costs are rising rapidly, an outgrowth not of increased demand, but of market turmoil related to the pandemic and Russia’s invasion of Ukraine. And the yen has hit a two-decade low against the dollar, a dizzying drop of more than 18% since September that has unnerved Japanese businesses.
Forex - Yen weakens further as inflation, trade war reward dollar
July 12, 2018 8:54 pm
The dollar index, which measures the currency against a basket of six currencies, was flat in the North American session at 94.78, its highest since July 3.
Yen gains after upbeat Japan GDP pares stimulus bets
May 18, 2016 7:44 am
The dollar notched its session high of 109.27 yen just ahead of the GDP release, and subsequently fell as low as 108.73.
Japan's Aso repeats explicit threat of yen-selling intervention
May 10, 2016 1:35 pm
The jawboning pushed the dollar up nearly 1 percent to around 108 yen on Tuesday, off the 18-month low of 105.55 yen hit last week.
Yen, commodity currencies pressured, dollar gains traction
May 10, 2016 8:19 am
The euro was a touch softer against the greenback at $1.1385 . The dollar index drifted to its highest in nearly two weeks, extending its rise from a 15-month trough set on May 3.
Dollar falls below 106.00 yen, lowest since Oct 2014
May 03, 2016 10:40 am
The Australian dollar slid 1.5 percent against the yen to 80.36 yen.
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