• SEARCH RESULTS FOR KEYWORDS "jpy"
10/12/2024, 15:06

What outlook for the BoJ’s monetary policy?

Economic recovery and an inflation rate close to target should give reason for the Bank of Japan (BoJ) to lift policy rates further. However, the BoJ would need to...

by Admin
26/11/2024, 11:36

What’s driving G10 currencies?

We could be thinking about the yen which has languished across the board for some time in spite of BoJ rate hikes and FX intervention, or the euro which seems to have...

by Admin
18/09/2024, 11:17

Will another carry-trade episode emerge?

The BoJ almost certainly won’t hike rates again this week, but this need not necessarily rule out another painful carry-trade unwind.

by Admin
06/08/2024, 11:07

Reason for turmoil in risky assets

Turmoil in risky assets such as equities might have been sparked by concerns about the US economy but, in reality, we think that the rapid unwinding of yen-funded trades...

by Admin
16/07/2024, 11:44

Did BoJ make any forex market interventions?

At present, there isn’t any official data to confirm MoF/BoJ’s FX intervention, but it looks as if the Ministry of Finance/Bank of Japan intervened to buy the yen again...

by Admin
16/02/2024, 11:11

Could the BoJ intervene again?

BoJ could intervene again, but the situation for US dollar/yen now does not appear as precarious as it was when the BoJ intervened back in the autumn of 2022.

by Admin
24/10/2023, 11:50

Major currencies remain stuck

Euro/US dollar has rarely strayed from a 1.05-1.10 range all year while, more recently, US dollar/yen has become stuck at a single level – which is 150.

by Admin
19/10/2023, 11:41

More margin for FX movement

At the start of this year, many analysts expected euro/dollar would trade up from its opening level of 1.06 to around 1.10 in mid-year and then on to 1.15 by the...

by Admin
16/10/2023, 11:57

Impacts on the real currency story

Fixation with the performance of the US dollar is understandable given the dominance of the greenback in areas such as currency trading, reserve holding, trade invoicing...

by Admin
08/09/2023, 11:36

Tackling currency weakness

There are two developed-country central banks that appear particularly perturbed by the weakness in their currencies: the Bank of Japan and the Riksbank. But what can...

by Admin
23/05/2023, 11:15

What can we learn about BoJ's policy?

What’s the opposite of central bank policy guidance? We’d call it policy obscurification; and that’s exactly what the Bank of Japan seems to be doing at the moment,...

by Admin
22/04/2023, 02:38

Vietnam's response to the JPY depreciation

According to analysts, the fluctuation of the Japanese Yen would undoubtedly damage Vietnam, particularly people receiving Yen income and businesses engaged in...

by Admin
17/01/2023, 11:12

All eyes on BoJ’s actions

This week’s BoJ meeting might offer some clues to the longevity of the present 10-year JGB band and hence the longevity of this volatility in the yen.

by Admin
16/01/2023, 11:17

What currencies to invest in for 2023?

We spoke about our forecasts for the US dollar this year and where they stood in relation to the market consensus. Today, we want to look at some of what we might...

by Admin
22/12/2022, 10:57

New action from the Bank of Japan

The Bank of Japan announced a surprise widening of its target band for 10-year JGBs this week, and the yen soared.

by Admin
29/11/2022, 11:03

What currencies could surprise us in 2023?

In addressing this question, we want to look at what surprises could happen next year that boost currencies in a way that we might not be anticipating.

by Admin
28/09/2022, 11:08

How did Japan begin FX intervention?

Japan has begun FX intervention, but its chances of success could be compromised by the BoJ’s target band for JGB yields.

by Admin
25/06/2021, 05:01

What is the outlook for Japanese Yen?

JPY has been the worst performing G10 currency so far this year in spot terms. It matters that whether this currency will continue uptrending.

by Admin