Japanese Yen Archives - Financial Mirror

Yen trades higher on risk-on sentiment, despite dovish ECB

The Japanese yen traded on a stronger note around 164.90 to the euro on Monday, as the JPY encounters challenges amid a resurgence in risk-on sentiment, with no notable geopolitical developments emerging

22nd April 2024

Markets/World

Yen declines after weak US data, buyers take profits

The USDJPY pair was trading late Friday at 152.95, with a modest loss of 0.17%. Despite a drop in consumer confidence in the US, indicated by the University of Michigan’s (UoM) Consumer

12th 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 to pile back into Japanese stocks in 2024

Despite Japan falling into recession, 2024 will be the year investors “rediscover” and pile back into Japanese equities, with the main stock exchange topping a 35-year high, according to the CEO of

22nd February 2024

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

Markets bounce ahead of US NFP

By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares staged a rebound on Thursday following the broadly positive cues from Wall Street overnight as plunging oil prices and weak US jobs

5th October 2023

Markets/World

Yen not far from recent lows despite intervention talk

By Craig Erlam It’s been a wild couple of days in financial markets from a potential FX intervention to interest rate decisions and vast amounts of economic data, not to mention a

5th 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

Soft landing hopes fizzle, King Dollar is back

By Edward Moya US stocks ended the week lower lower as Wall Street gets anxious over what the Jackson Hole Symposium on August 24-26 might do to soft landing hopes. Just look

21st August 2023

Markets/World