Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
The yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern ...
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
(Bloomberg) -- The yen is primed for further gains after the Bank of Japan sent hawkish signals while raising the benchmark interest rate, according to strategists. The upward revision in ...
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and ...
Mitsubishi UFJ Financial Group shares rose to their highest intraday level since listing in April 2001, buoyed by growing confidence that modest inflation is taking hold in Japan and that the central ...
Japanese collectors spent billions on European paintings during the bubble economy of the 1980s. Officials today hope to ...
Traders look to Trump’s speech for a fresh impetus ahead of the BoJ decision on Friday.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback