Written by The yen rose to a seven-week high against the euro as signs the global economy is slowing boosted demand for Japan’s currency as a refuge. READ MORE »
Posts tagged bank of japan
Japanese Bonds Rise for a Second Day on Fed Easing Signals, Yen’s Advance
Japanese bonds advanced for a second day as the Federal Reserve’s willingness to ease monetary policy further spurred speculation the yen will strengthen and hurt domestic company profits. READ MORE »
FOREX-Dollar mired near lows, yen on intervention watch
*Caution on Japan intervention heightened after dollar falls
* Some think Japan may not intervene before weekend G7 meet
* Focus on Trichet’s comments at ECB policy meeting
* Aussie hits new 2-year high vs dollar on solid jobs data
The dollar was mired near a 15-year low versus the Japanese yen and an eight-month low against the euro on Thursday on the spectre of more money-printing by the U.S. Federal Reserve as early as next month. READ MORE »
Japan’s Bonds Head for Seventh Monthly Gain on Stronger Yen, BOJ Outlook
Japan’s bonds headed for a seventh monthly gain as a strengthening yen pushed down stocks and boosted demand for the safety of government debt. READ MORE »
Japan finance minister needles BOJ on inflation targeting
Japan’s Finance Minister Naoto Kan reiterated his desire to target inflation, setting up a clash with the Bank of Japan over how best to pull the country out of deflation. READ MORE »