USD/JPY rose to 155.26 and the yen’s reaction to the BOJ’s meeting signals a hawkish surprise that ING links primarily to the upward revision in CPI forecasts, as BOJ policymakers now see inflation at ...
NEW YORK/LONDON-- The yen dropped to its lowest against the U.S. dollar since late 1986 on Wednesday, amid a wide interest rate differential between the two economies, keeping the market alert for ...
The yen completely unwound last Friday’s rally as new PM Ishiba suggested Japan is not ready for further rate hikes. The... The slide in risk appetite and capitulation in short yen positions has ...