Tag: Japanese Yen

January 02, 2024 BY Elizabeth Anderson

Chinese stocks hobble Asian equities as 2024 trading kicks off

Bloomberg reported that Hong Kong’s yardstick for shares dropped by approximately 1.5%. Experts noted the same slide in Taiwan and China. These markets took a further knock when ASML Holdings (ASML), a manufacturer of semiconductors, cancelled several shipments following an alleged request by the Biden Administration. Records show that China’s factory operations dipped to a…

Read more
October 31, 2023 BY Elizabeth Anderson

Bank of Japan in talks over interest rates and wage growth

Jim Leaviss, Chief Investment Officer for Public Fixed Income at M&G, noted: It feels like the market is anticipating a modification to yield curve control and is starting to price that already. However, industry experts at Barclays anticipate that the BoJ may scrap yield curve control entirely this week after a damaging start to the…

Read more
October 16, 2023 BY Elizabeth Anderson

Asian currencies see falling data amid global conflict

Data on the Chinese yuan notes that lifting Covid-19 restrictions earlier this year has not boosted business transactions as much previously predicted, with the yuan falling 0.1% this week. Its third-quarter gross domestic product data is due later this week, which may shed some light on China’s subdued economic growth and inflexible lending rates. Don’t…

Read more
Daily Market analysis
August 12, 2019 BY Valentina Kirilova

Daily market commentary: Japanese Yen continues to gain ground

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 12, 2019. See details below: FOREX The Japanese Yen continues to gain ground against other major currencies, noticeably to the American Dollar, currently trading just above the 105 level, having dropped from highs of 109 at the beginning of the…

Read more
Japan
December 04, 2018 BY Valentina Kirilova

Japanese Yen added to MOEX FX offering

Moscow Exchange (MOEX) has announced that it has added Japanese Yen/Russian Rouble (JPY/RUB) currency pair for trading, alongside US Dollar/Swiss Franc (USD/CHF), US Dollar/Chinese Yuan (USD/CNY), US Dollar/Kazakh Tenge (USD/KZT) and US Dollar/Turkish Lira (USD/TRY) currency pairs. JPY/RUB currency pair will be traded from 10:00-17:45 MSK with same day settlement. The rest of the pairs (USD/CHF, USD/CNY,…

Read more
USD/JPY AUDJPY
December 15, 2016 BY Valentina Kirilova

Japanese yen is getting crushed

The Japanese yen is getting crushed - dropped with 0.7% at 118.0250 per dollar as of 7:38 a.m ET. This happens in the aftermath of the Federal Reserve's decision to raise rates for the second time this decade. As most of the market watchers expected, the Federal Reserve decided to raise its benchmark interest rate by 25…

Read more