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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 ...
Japan's weak currency is boosting tourism, with a record-breaking 3.1 million visitors in March. The devalued yen is encouraging tourists to spend more on luxury goods. The currency is negatively ...
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 ...
USD/JPY is the abbreviation for the currency exchange rate for the U.S. dollar and Japanese yen. The currency pair shows how many Japanese yen, the quote currency, are needed to purchase one U.S ...
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 ...
SHANGHAI/HONG KONG (Reuters) - A global markets sell-off spurred by an unwinding of yen-funded carry trades has turned the spotlight on China's yuan, which is also used widely as a cheap funding ...
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.
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