Bank of Japan Archives - Financial Mirror

Yen gains on US dollar

The Japanese Yen is set to book one of its best weeks in history against the US Dollar, as a string of (un)confirmed interventions have pushed the USDJPY pair from roughly 160.00

3rd May 2024

Markets/World

Yen falls on BoJ inaction, focus on US PCE inflation

The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave

26th April 2024

Markets/World

Yen losing momentum, further downside looks favourable

The Yen was losing momentum near EURJPY 162.75 during European trading on Tuesday, amid growing speculation that the Bank of Japan might intervene in the foreign exchange market to support the Japanese

2nd April 2024

Markets/World

Yen trades at multi-decade lows

The Japanese Yen continued to weaken against the US Dollar, with the USDJPY pair reaching its highest level since 1990, near 152.00 early Wednesday. Investors will keep a close eye in the

27th March 2024

Markets/World

Investors eye earnings, BoJ considers rate hike

By Craig Erlam Stock markets traded a little in the red on Tuesday, with investors eyeing earnings results – including Netflix – and the result from the Republican presidential primary. Equities traded

24th January 2024

Markets/World

Central banks to spoil party, BoJ in focus

By Craig Erlam Not the most thrilling start to the week, but that’s to be expected given the number of major events over the last few sessions and the absence of anything

18th December 2023

Markets/World

Eurozone inflation eases further than expected

By Craig Erlam Inflation in the eurozone fell below 3% in October, with energy and food prices helping to push the headline number even lower than expected. While this is undoubtedly good

31st October 2023

Markets/World

Yen spikes, EC downgrades eurozone growth

By Craig Erlam A relatively quiet start to the week from an economic data perspective, but we saw some decent moves in the markets, particularly in the Japanese yen. The yen jumped

12th September 2023

Markets/World

Stocks try to rebound as bond yields hit 15-year high

By Edward Moya Now that we heard from Walmart, it is clear that the US consumer is still willing to spend. Expectations for robust consumer spending in Q3 have been confirmed and

18th August 2023

Markets/World

BoJ surprises, strong French GDP, Gold to post losses

By Naeem Aslam The Bank of Japan has stolen the thunder with its monetary policy move, and it has done what it does best, which is create a massive knee-jerk reaction in

28th July 2023

Markets/World