Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
Strong inflation and PMI data bolster the case for a hawkish BoJ rate hike. Could narrowing US-Japan yield gaps send USD/JPY ...
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
USD/JPY faces pivotal week as BoJ rate hike, inflation data, and Trump’s policies loom. Key levels at 150 and 160 in focus ...
Following Japan’s CPI inflation data, the USD/JPY pair is up 0.08% on the day at 156.09.
Japan's top currency diplomat Atsushi Mimura said on Tuesday a weak yen would push up inflation by boosting import costs, ...
USD/JPY slipped sharply lower on Friday as yen rose after the Bank of Japan (BOJ) hiked rates to their highest since the 2008. At its two-day meeting ending Friday, the BOJ increased its short-term ...
With markets fully pricing in an interest rate hike by the Bank of Japan (BoJ) on Friday, the head of Rengo – Japan’s largest ...
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