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 rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
Although out of reach for most people, new condominiums priced at 100 million yen ($635,300) or more have been sprouting in ...
Japan’s yen strengthened on Wednesday (Jan 15) on growing bets on a rate hike at the Bank of Japan’s next meeting, while ...
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a ...
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain ...
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen ...
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Barclays’ Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client ...
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