Business Topics

Aso jawbones markets as yen climb puts cloud over Abenomics

Feb 12, 2016

Aso jawbones markets as yen climb puts cloud over Abenomics

Japanese officials stepped up their expressions of concern about a soaring yen as the currency’s renewed strength threatened to undermine the government’s Abenomics program for reviving the economy. With the yen trading near a 15-month high against the dollar, concern is growing that this ...

Feb 11, 2016

Dollar tumbles below ¥111 in London

The dollar accelerated its downswing to briefly slip below ¥111 for the first time in about 15 months in London trading Thursday morning. The greenback fell to as low as ¥110.99 at one point, according to market sources. At 9 a.m., the dollar stood ...

| Feb 8, 2016

Dollar rises above ¥117 in Tokyo

The dollar topped ¥117 in Tokyo trading on Monday, lifted by a rebound in Tokyo stock prices. At 5 p.m., the dollar stood at ¥117.31-31, up from ¥116.81-81 at the same time Friday. The euro was at $1.1137-1137, down from $1.1194-1194, and at ¥130.65-66, ...