Apr 10, 2014

Greenback stays below ¥102 line

The dollar stayed weak below ¥102 in Tokyo trading Thursday, weighed down by sluggish stock prices in Japan. At 5 p.m., the greenback was quoted at ¥101.72-74, down from ¥101.98-98 at the same time Wednesday. The euro stood at $1.3858-3859, up from $1.3803-3803, and ...

Apr 9, 2014

Dollar easier below ¥102 line

The dollar stayed mostly below ¥102 in Tokyo trading Wednesday after diving to a three-week low around ¥101.50 in New York overnight on receding hopes for fresh monetary easing measures by the Bank of Japan. At 5 p.m., the dollar was quoted at ¥101.98-98, ...

Apr 8, 2014

Dollar under ¥103 as Nikkei falls

The dollar fell below ¥103 in Tokyo Tuesday, after Japanese stock prices dropped amid increasing tensions in Ukraine. At 5 p.m., the dollar was quoted at ¥102.78-80, down from ¥103.11-12 at the same time Monday. The euro stood at $1.3762-3763, up from $1.3717-3718, and ...

Mar 17, 2014

Dollar under ¥101.60 on Crimea crisis

The dollar dropped to levels below ¥102 in Tokyo trading Monday, with currency players waiting to see developments in the Ukrainian crisis after a key referendum in Crimea. At 5 p.m., the dollar stood at ¥101.55-59, down from ¥101.75-76 at the same time Friday. ...

| Mar 15, 2014

Economy can do without structural reform

by Jochen Legewie

While critics of “Abenomics” begrudgingly agree Prime Minister Shinzo Abe’s policy package has been a success so far, they are equally quick to highlight its looming headwinds. They concede that the first two “arrows” of Abe’s economic program, monetary easing and fiscal stimulus, have ...

Mar 14, 2014

Dollar under ¥102 over Crimea

The dollar fell below ¥102 in Tokyo trading Friday, reflecting uncertainties over the situation in Ukraine and the global stock market slump. At 5 p.m., the dollar was quoted at ¥101.75-76, down from ¥102.59-60 at the same time Thursday. The euro was at $1.3865-3865, ...

Feb 21, 2014

Dollar rebounds to near ¥102.50

The dollar climbed back to levels around ¥102.50 in Tokyo trading Friday, supported by stock price rises on some positive signs in the U.S. economy. At 5 p.m., the dollar was quoted at ¥102.49-51, up from ¥101.81-81 at the same time Thursday. The euro ...

Jan 20, 2014

Greenback lurks in low ¥104 range

The dollar hovered in a narrow range around ¥104 in Tokyo trading Monday, with market players refraining from making active moves before U.S. financial markets close for a national holiday. At 5 p.m., the dollar stood at ¥104.20-21, down from ¥104.32-34 at the same ...

Dec 2, 2013

Dollar firmer above ¥102.50 line

The dollar rose above ¥102.50 in Tokyo trading Monday, supported by purchases in the late afternoon. At 5 p.m., the dollar was quoted at ¥102.52-53, up from ¥102.21-27 at the same time on Friday. The euro stood at $1.3605-3606, almost unchanged from $1.3605-3607, and ...

Nov 26, 2013

Dollar eases back around ¥101.50

The dollar was easier around ¥101.50 in Tokyo trading Tuesday, on the back of a stock market pullback following recent rapid rises. At 5 p.m., the dollar was at ¥101.47-48, down from ¥101.74-76 at the same time Monday. The euro was flat at $1.3539-3540. ...

Oct 21, 2013

Dollar retakes ¥98 as stocks surge

The dollar retook ¥98 in Tokyo trading Monday, as higher stock prices in and outside Japan encouraged dollar buying. At 5 p.m., the dollar was quoted at ¥98.05-08, up from ¥97.90-91 at the same time on Friday. The euro stood at $1.3673-3675, down from ...

Oct 15, 2013

Greenback moves higher to ¥98.40

The dollar traded moderately below ¥98.50 in late Tokyo trading Tuesday, with traders waiting to see a U.S. congressional deal to end the prolonged government shutdown and avert a catastrophic debt default. At 5 p.m. the dollar stood at ¥98.40-41, up from ¥98.28-29 at ...