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.
BoJ, Fed, and RBA policies dictate USD/JPY and AUD/USD paths. Global trade and China’s economy amplify forex market ...
Japanese retail investors’ hunger for overseas equities is weighing further on the yen, adding to downside risks posed by ...
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2-Year U.S. Treasury Note Continuous Contract $102.746 0.020 0.02% 5-Year U.S. Treasury Note Continuous Contract $106.063-0.008-0.01% 10-Year U.S. Treasury Note Continuous Contract $108.344-0.031 ...
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, with investors weighing the implications of a Chinese startup launching a free ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
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