The Japanese Yen fell by over half a per cent after the Bank of Japan maintained settings at its December policy update and gave no indication it was close to exiting its Negative Interest Rate Policy (NIRP).
December 19,2023
The dollar seems to be stabilising, trading nearly unchanged from Friday’s close against all the other major currencies except the yen.
December 11,2023
The Japanese Yen rallied by a per cent against the major currencies after Bank of Japan Governor Kazuo Ueda said policy management would "become even more challenging from the year-end and heading into next year".
December 7,2023
There is the potential for a further slide in the value of the U.S. Dollar against the Yen before the retracement is complete and another run higher begins.
December 5,2023
The yen took the most advantage of the dollar’s weakness yesterday, extending its recovery today after Japanese media carried a report expressing confidence that the end of the BoJ’s negative interest rate policy is approaching.
November 28,2023
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