What does the yen weakness tell us?
The yen weakness we see now and the lack of volatility in other G10 currencies, like euro/dollar won’t last.
The yen weakness we see now and the lack of volatility in other G10 currencies, like euro/dollar won’t last.
The yen continued to slump with 38-year lows against the US dollar now in place. Even more worrying is the fact that at least one factor that should have enabled the yen...
Mr. Nguyen Van Ut, Chairman of the Long An Provincial People's Committee, stated that Long An Province is committed to always welcoming and supporting local and foreign...
The Standard Bank expected the yen’s recovery would remain slow and possibly require more FX intervention.
There’s still some very low funding rates out there (the yen), while prior monetary policy tightening elsewhere means that policy rates are high and interest rate...
Although prospects for interest rate divergence between the Fed and other G10 central banks is providing the US dollar with support, this is counterbalanced to some...
There seems to be increased talk that issues such as yen weakness, high US rates, the strong US dollar, weak Chinese growth, and more, could create tensions across Asia...
FX intervention usually meets with a sceptical response. It has been no different for the Bank of Japan as its recent efforts to strengthen the yen have been dismissed...
Incessant yen weakness seems to have finally snapped the patience of the Japanese authorities as it looks as if the Bank of Japan intervened on behalf of the Ministry of...
Sooner or later, it looks as if Japanese policymakers could intervene in the FX market by using a three-step process.
The Japanese Ministry of Finance and the Bank of Japan (BoJ) seem to be readying themselves for currency intervention as the yen hits its lowest level in 34-years...
The Bank of Japan lifted the short-term policy rate for the first time in seventeen years last week but the yen still languishes close to its weakest level against...
Last week, we saw the third attempt by US dollar/yen to really break through the 150 level that has proved an insurmountable barrier twice before since October 2022.
Currency markets have been remarkably stable; particularly the key currency pairing, euro/dollar. But why is that, and is it likely to persist?
The FX carry trade has performed well in the first two months of the year helped, undoubtedly, by the persistence of low rates in one of the main funding currencies –...
The US dollar has risen against the euro and the pound even though policy rate differentials have been very stable, particularly with respect to the UK.
Where is the US dollar likely to trade against other G10 countries over the long haul?
While the yen may well remain far more volatile than the euro this year, and probably more volatile than most other currencies, it won’t be the weakest currency in 2024.
In 2024, the BoJ seems likely to start the process of lifting policy rates and if we assume that most other G10 central banks start to cut, there’s a good chance for the...
It is future total factor productivity (TFP) that’s key; not what’s happened in the past when it comes to currencies.
The US dollar might be the most important currency in most people’s books but, right now, the yen is the dominant one. Hence, what happens to the yen could easily...
US treasury bonds are deemed by many to be the safest of safe assets. But this seems to be open to question at the moment.