57 stories tagged #Yen

  1. Dollar Soars on Fed Rate Hike Bets as Inflation Fears Mount
    finance

    Dollar Soars on Fed Rate Hike Bets as Inflation Fears Mount

    The dollar gains for a fifth straight day amid growing expectations of Fed rate hikes and rising Treasury yields.

    2w ago 1 min read
  2. Japan Wholesale Inflation Surges to Three-Year High, Fueling June Rate Hike Bets
    finance

    Japan Wholesale Inflation Surges to Three-Year High, Fueling June Rate Hike Bets

    Japan's corporate goods price index rose 4.9% in April, far outpacing forecasts, as energy costs from the Iran war stoke price pressures.

    2w ago 1 min read
  3. Japan's Yen Intervention Pushes Back Speculators, Short Positions Drop to $4.9B
    finance

    Japan's Yen Intervention Pushes Back Speculators, Short Positions Drop to $4.9B

    Japan spent $35 billion to support the yen, reducing short positions to $4.9 billion. The intervention signals a new phase in the ongoing battle with currency markets.

    3w ago 1 min read
  4. Toyota Warns 20% Profit Drop Amid Iran Tensions and Tariff Turmoil
    finance

    Toyota Warns 20% Profit Drop Amid Iran Tensions and Tariff Turmoil

    Toyota forecasts a 20% decline in annual profit, citing Middle East disruptions and Trump tariffs.

    3w ago 1 min read
  5. Japan Stands Ready to Defend 160 Yen per Dollar Level, Ex-BOJ Official Says
    finance

    Japan Stands Ready to Defend 160 Yen per Dollar Level, Ex-BOJ Official Says

    Former BOJ official Atsushi Takeuchi warns Japan likely intervened during Golden Week and will step in again to defend the yen's critical 160 level.

    3w ago 1 min read
  6. Japan Denies Limits on Yen Intervention, in Daily Talks with US
    finance

    Japan Denies Limits on Yen Intervention, in Daily Talks with US

    Japan's top currency diplomat says there are no constraints on intervention frequency to support the yen, confirming daily communication with US authorities ahead of Treasury Secretary Bessent's visit.

    3w ago 1 min read
  7. Nikkei Breaks 61,000 as Tech Earnings and Middle East Optimism Fuel Rally
    finance

    Nikkei Breaks 61,000 as Tech Earnings and Middle East Optimism Fuel Rally

    Japan's Nikkei hit a record high above 61,000 as markets reopened, driven by strong tech earnings, a weaker yen, and hopes for a Middle East peace deal.

    3w ago 1 min read
  8. Asian Stocks Surge to Records on US-Iran Peace Hopes, Dollar Slips
    world

    Asian Stocks Surge to Records on US-Iran Peace Hopes, Dollar Slips

    Asian stocks hit all-time highs as optimism grows for a US-Iran peace deal, despite unresolved issues over the Strait of Hormuz.

    3w ago 1 min read