| Feb 22, 2017

Dollar weaker around ¥113.40 in Tokyo

The dollar lost ground moderately to move around ¥113.40 in Tokyo trading on Wednesday, lacking a clear direction in the absence of fresh incentives. At 5 p.m., the dollar stood at ¥113.39-40, down from ¥113.53-53 at the same time Tuesday. The euro was at ...

Feb 13, 2017

Trump-Abe rapport won't stop yen from passing 100, JPMorgan says

Prime Minister Shinzo Abe’s success in avoiding any clash over exchange rates with U.S. President Donald Trump at a summit meeting hasn’t resolved underlying conflict, according to JPMorgan Chase & Co. “We continue to think politics will be a main driver for dollar-yen this ...