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INTERNATIONAL FX NEWS


Japanese yen slides back towards 34-year low after brief spike

Friday,   26-Apr-2024   03:46 (IST)

The yen fell on Friday and was trading around its weakest level in three decades, having briefly spiked against the dollar, with markets on edge about possible intervention after the Bank of Japan kept interest rates on hold on Friday. In a volatile trading day, the yen was last down 0.66% at 156.67, after briefly jumping to 154.97, having hit minutes earlier its lowest level of 156.82 per dollar since 1990. The yen also briefly rallied against other major currencies but last traded near its weakest level in almost 16 years against the euro, at 168.23 , and its softest in 11 years against the ...

Japanese yen suddenly jumps against dollar

Friday,   26-Apr-2024   02:10 (IST)

The Japanese yen jumped against the dollar on Friday, with traders on high alert for signs of intervention by Japan's monetary authorities to support the currency. The dollar fell sharply to 155 y...

Asia FX weak ahead of US inflation; yen dips as BOJ gives little support

Friday,   26-Apr-2024   02:06 (IST)

Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data that is expected to factor into the Federal Reserve’s stance on interest rate cuts. Whil...

Japan's yen hits 34-year low after BOJ holds interest rates

Friday,   26-Apr-2024   09:27 (IST)

The yen hit its weakest in three decades against the U.S. dollar after the Bank of Japan left interest rates on hold on Friday, keeping traders on edge as to when and to what degree authorities in Tok...

Yen at multi-decade lows, dollar drops before US data

Thursday,   25-Apr-2024   03:56 (IST)

The yen hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday to not be hawkish enough to supp...

Sterling rises versus euro and dollar, eyes BoE policy path

Thursday,   25-Apr-2024   03:44 (IST)

Sterling rose versus the dollar and the euro as investors assessed the Bank of England's monetary policy path after recent mixed signals from policymakers. The pound dropped late last week and on ...

Yen hits fresh 34-year lows against dollar ahead of BOJ meeting

Thursday,   25-Apr-2024   02:17 (IST)

The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday not be hawkish enough to support t...

Asia FX flat amid rate jitters; yen passes intervention line ahead of BOJ

Thursday,   25-Apr-2024   10:19 (IST)

Most Asian currencies kept to a tight range on Thursday, while the dollar steadied amid uncertainty over U.S. interest rates ahead of key economic signals in the coming days. The Japanese yen saw exte...

Markets wary of intervention as yen struggles at 155 level

Thursday,   25-Apr-2024   08:11 (IST)

The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to whether Tokyo will intervene wh...

Sterling dips as investors book profits on scorching rally

Wednesday,   24-Apr-2024   03:31 (IST)

The pound eased on Wednesday, surrendering some gains from its biggest one-day rally in four months the previous day, after a softer reading of monthly U.S. business activity battered the dollar. Ster...

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