Yen strengthens sharply, triggering speculation of intervention
TOKYO -- The Japanese yen rose sharply after briefly depreciating past 160 against the U.S. dollar on Monday morning for a fresh 34-year low against the greenback.
Yen asian news
Why has the Japanese yen dipped to a three-decade low? There are several factors
Support for the currency follows a years-long slide that even Japan’s first interest rate hike since 2007 and broad optimism about the economy has failed to arrest.
Falling yen is great for 2 sectors in Japan
More tellingly, global sales of fashion and leather goods – LVMH’s biggest division – to Chinese customers in their home market and abroad rose 10 per cent, indicating that spending by Chinese tourists overseas helped offset weak sales at home. A large portion of their spending abroad was in Japan.
Yen strengthens sharply after dropping past 160 to the dollar
TOKYO -- The Japanese yen briefly dropped past 160 to the U.S. dollar on Monday morning, marking a fresh 34-year low against the greenback. The yen also fell past 171 per euro, an all-time low since the European currency was launched in 1999.
Japanese yen touches 160 to the dollar; Asia stocks rise as Fed meeting looms
This is CNBC's live blog covering Asia-Pacific markets.
Yen tumbles past 158 against dollar on stubborn U.S. inflation
TOKYO/NEW YORK -- Japan's currency fell past 158 yen to the dollar on Friday in a quickening sell-off after the Bank of Japan left interest rates unchanged, even as the outlook for an early U.S. rate cut fades.
Yen dives past 156.80 during Ueda news conference
TOKYO -- The Japanese currency fell sharply past 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government intervention.
No limit to how low the yen will go
TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?