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Global investors are unwinding their wagers on Japan's yen rising quickly as a cautious central bank, a trade war and the ...
From food to travel, it’s hard to find an aspect of life in Japan that hasn’t been affected by its sinking currency. The yen has been on the skids for years and hit its weakest level since ...
Since late Thursday, the yen has strengthened 2.4% to 145 per dollar, aborting a weakening bounce from the Aug. 5 low of 141.68 in a sign of renewed bias for the "anti-risk" currency.
The yen has been the funding currency of choice for carry trades in U.S. dollars, Mexican pesos, New Zealand dollars and some others. The trade involves buying the higher-yielding currency with ...
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said. BTC $81,759.30-1.86 % ETH $1,808.68- ...
NEW YORK — Some of the world's wildest action in financial markets is roiling around the Japanese yen. The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 ...
Japan announced on Thursday that it had intervened to prop up the value of the yen for the first time in 24 years, seeking to stanch the currency’s continuing slide against the dollar.