9 articles on Japanese yen
Japan's finance minister reaffirms the Bank of Japan's complete independence regarding interest rates. A clear message amid growing political pressure.
The Japanese government puts an end to speculation: no more advance hints about the Bank of Japan’s monetary policy. This shift in policy is reshuffling the deck for the USD/JPY pair.
Tokyo denies accusations that it is exerting political pressure on the Bank of Japan to keep interest rates low. The government reaffirms the independence of its central bank.
A member of the Japanese government's advisory panel is calling on the BOJ to implement moderate rate hikes. The yen and bond markets are reacting to this policy statement.
Japan's Minister of Economy warns against a too-sharp rise in interest rates just minutes before the Bank of Japan's decision. The yen and the USD/JPY are under pressure.
The dollar remains strong against the yen despite Governor Ueda's hawkish comments. The USD/JPY pair is holding steady at 159.93 as an imminent rate hike looms.
Ryozo Himino, deputy governor of the Bank of Japan, reaffirms the upward trajectory of Japanese interest rates. Only an escalation in the Middle East could change the situation.
Traders are once again betting on interest rate differentials between currencies. The carry trade is making a strong comeback, completely reshaping forex flows.
The yen rose as much as 3% in a matter of hours following intervention by Japanese authorities. The dollar fell to 155.60 yen, and traders remain on edge.