Trump win gives Kuroda breathing room, ex-BOJ executive says

Nov 18, 2016

Trump win gives Kuroda breathing room, ex-BOJ executive says

Donald Trump’s election win has given Bank of Japan Governor Haruhiko Kuroda room to breathe by easing concerns that the yen will strengthen, a former BOJ executive says. The BOJ can remain on hold unless the yen strengthens past 100 against the dollar, a ...

| Nov 16, 2016

Dollar rises to close at ¥109.50

The dollar advanced close to ¥109.50 in Tokyo trading late Wednesday, lifted by growing expectations for an interest rate increase in December by the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥109.44-45, up from ¥108.12-13 at the same time Tuesday. The ...