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Yen, Swiss franc surge
Yen and Swiss franc jump, dollar drops as DeepSeek concerns drain risk appetite
The Japanese yen and the Swiss franc gained against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen and Swiss franc jump as investors rush to safe-haven assets
The yen and Swiss franc jumped against major currencies on Monday (Jan 27) in a rush for safe-haven assets as tech stocks plunged, with investors weighing the implications of a Chinese startup launching a free open-source artificial intelligence model.
Swiss Franc, Japanese Yen Rise as DeepSeek News Boosts Safe Havens
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
6d
Japanese investors boost foreign stock purchases on Fed rate-cut hopes
Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled ...
5d
Japanese Yen and Aussie Dollar News: Will the BoJ Deliver a Hawkish Rate Hike?
Strong inflation and PMI data bolster the case for a hawkish BoJ rate hike. Could narrowing US-Japan yield gaps send USD/JPY ...
56m
AUD/JPY breaks below 97.00, further downside appears due to potential RBA rate cut
The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...
4d
on MSN
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its ...
12d
Japanese markets eked out modest gains
Japanese markets eked out modest gains despite the yen's rise amid speculation of a BoJ rate hike next week. The Nikkei average edged up by 0.33 percent to 38,572.60 while the broader Topix index ...
11d
The Yen Is a Currency Trader’s Best Friend and Worst Enemy
Looking back, yen-funded carry trades have turned out to be among the most profitable plays this year. Of 20 major emerging ...
14d
Japanese investors exit foreign assets for third straight month in Dec
Japanese investors net sold foreign stocks and bonds for a third straight month in December, wary of rising U.S. bond yields, ...
4d
on MSN
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
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