Apr 11, 2016

BOJ's backfire hangs over central bankers as IMF meetings start

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The world’s central bankers, already hitting the limits of their effectiveness on growth and inflation, are now contending with another risk: that additional stimulus could produce lackluster results and undercut investor confidence. The Bank of Japan’s decision in January to take interest rates negative ...

Apr 11, 2016

February machinery orders down 9.2% on weak manufacturing sector

The nation’s core private-sector machinery orders fell a seasonally adjusted 9.2 percent in February on a plunge for manufacturers, a reversal from the previous month that saw large orders from the steel industry, the government said Monday. The orders, widely regarded as a leading ...

Apr 8, 2016

Top analyst eyes rally below ¥105

The top forecaster for the yen is bracing for it to strengthen below ¥105 versus the dollar as demand for the currency as a haven from market turmoil thwarts efforts by the government to stem the rally. Julius Baer Group Ltd. will probably revise ...

| Apr 4, 2016

Dollar weak around ¥111.50 in Tokyo

The dollar lost ground and moved around ¥111.50 in Tokyo trading on Monday, due to position-adjustment selling on the back of stock price drops. At 5 p.m., the dollar stood at ¥111.58-59, down from ¥112.27-28 at the same time Friday. The euro was at ...

| Mar 25, 2016

Dollar tops ¥113 in Tokyo

The dollar rose above ¥113 in Tokyo trading on Friday, thanks chiefly to real demand-backed buying. At 5 p.m., the dollar stood at ¥113.06-07, up from ¥112.86-87 at the same time Thursday. The euro was at $1.1162-1163, up from $1.1157-1157, and at ¥126.20-21, up ...