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.
Kazuo Ueda in asian news
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?
Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024
The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%.
BOJ's Ueda 'very likely' to hike rates if Japan prices keep rising
WASHINGTON (Reuters) -- Bank of Japan Gov. Kazuo Ueda on Friday said the central bank "very likely" will raise interest rates if underlying inflation continues to climb and begin reducing its huge bond-buying operations at some point in the future.
Japanese companies agreed on biggest wage hike in 33 years, union group says
TOKYO - A group of Japanese firms have agreed to raise wages by 5.24 per cent this year, the country's largest union group Rengo said on Thursday (April 4).
Why Japan’s big rate hike was a resounding dud
TOKYO – Central bank rate moves rarely get metaphysical. But the way global markets ignored the Bank of Japan’s first tightening step in 17 years has traders asking: If a rate hike falls in a forest and no one is around to hear it, does it make a sound?
Japanese yen hits near 4-month low of 151 per dollar
SINGAPORE (Reuters) -- The yen languished near a four-month low against the U.S. dollar and a 16-year trough against the euro on Wednesday, a day after the Bank of Japan's widely anticipated decision to end its negative interest rate policy.
'Mr Yen' says Japan could intervene if yen falls to 155
Japanese authorities may intervene if the yen sinks to 155 to 160 against the dollar, according to a former top foreign exchange official Eisuke Sakakibara.