Bank of Japan — News Archive


Yen on Back Foot as Investors Have Confidence to Risk

The Japanese yen was on a defensive during the Wednesday’s trading session as the market sentiment continued to favor riskier currencies over safer ones.

US Dollar Weakens Against Japanese Yen as Investors’ Risk Appetite Declines

The US dollar today weakened against the Japanese yen as the markets became risk averse following a decline in US treasury yields. The US dollar is experiencing its worst performance this month as the USD/JPY currency pair declined to record lows as investors sold the greenback and bought the Japanese yen.

Yen Flat After Tankan Survey

The Japanese yen was mostly flat today after the release of the Tankan survey that showed improvement in both manufacturing and non-manufacturing sectors for large enterprises.

Yen Climbs Following Trump’s Failure to Dismantle Obamacare

The Japanese yen gained today, rallying to the highest level since November against the US dollar, after US President Donald Trump failed to push his health care bill. Meanwhile, the Bank of Japan released the Summary of Opinions for the March policy meeting.

Japanese Yen Soft Against Euro & Swiss Franc

The Japanese yen was little changed against the US dollar but fell against the euro and the Swiss franc during the current trading session due to unfavorable macroeconomic data and a surprise statement from the Bank of Japan chief.

Yen Climbs vs. Dollar to Highest in Four Months

The Japanese yen rallied today, reaching the highest level since November against the US dollar. The currency got boost from both domestic fundamentals and the cautious general market sentiment.

USD/JPY Declines After Release of US Consumer Confidence data

The USD/JPY currency pair today declined significantly after the release of the University of Michigan preliminary consumer confidence index, which indicated that the headline index had beat expectations. Despite the strong data from the US, the US dollar continued to perform poorly against the Japanese yen for the better part of the day.

British Pound Spikes After BoE Monetary Policy Statement

The British Pound today spiked against its main competitors after the Bank of England monetary policy statement even as the bank hinted at a less dovish outlook. The British pound rallied after the BoE’s Monetary Policy Committee maintained the rate decision and its asset purchase target at the same level, but issued a slightly hawkish economic outlook.

Japanese Yen Gains as Kuroda Says No More Interest Rate Cuts

The Japanese yen rose today, reaching the highest level since November 29 against the euro, after Bank of Japan Governor Haruhiko Kuroda signaled that he does not plan cutting interest rates deeper into the negative territory.

Economic Data Doesn’t Make Yen Move

The Japanese yen did not move far following the release of macroeconomic data from Japan and the Summary of Opinions at the central bank’s January policy meeting.