Dollar firms slightly above ¥106.50 in Tokyo ahead of Fed's Jackson Hole meeting and G7 summit
The dollar inched up to top ¥106.50 in lackluster Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥106.54-55, up from ¥106. 46-46 at the same time Tuesday. The euro was at $1.1092-1092, up from $1.1072-1072, and at ¥118.18-19, up from ¥117.87-87. Shrugging off weakness ...
Strong yen poses risks for Japan as U.S.-China trade war continues
Japan Inc. is caught in the crossfire of the trade war between the United States and China, as a resurgent yen threatens to sap profits and complicate the economic outlook. Worsening trade friction between the world's two largest economies has reduced investor appetite for risk ...
China's Xi Jinping gets tougher on Trump after new tariff threat
Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a "warning shot" at Washington by letting its currency weaken in response to President Donald Trump's latest threat of more punitive import ...
The dollar rose modestly to around ¥108.20 in tranquil Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥108.26-26, up from ¥108.05-06 at the same time Tuesday. The euro was at $1.1206-1207, up from $1.1248-1248, and at ¥121.32-33, down from ¥121.55-55. After topping ¥108.30 on ...
The dollar was firmer above ¥108.30 in Tokyo trading late Friday after cutting early gains due to selling on a rally. At 5 p.m., the dollar stood at ¥108.36-36, up from ¥108.05-09 at the same time on Thursday. The euro was at $1.1264-1265, down from ...
The dollar was higher above ¥108.90 in Tokyo trading late Wednesday, helped by buybacks. At 5.p.m., the dollar stood at ¥108.95, up from ¥108.81-82 at the same time Tuesday. The euro was at $1.1215, up from $1.1207-1208, and at ¥122.19-20, up from ¥121.96. The dollar traded ...
The dollar firmed around ¥108.40 in Tokyo trading Wednesday, buoyed by rekindled hopes for a U.S-China trade deal and resulting higher stock prices. At 5 p.m., the dollar stood at ¥108.38-42, up from ¥108.23-28 at the same time Tuesday. The euro was at $1.1200-1200, down ...
The dollar was firmer around ¥108.40 in Tokyo trading late Friday, but its movements were limited. Market players retreated to the sidelines to see developments in U.S. tariff talks with Mexico as well as U.S. government jobs data for May, due later on Friday. At 5 ...
The dollar rose above ¥109.70 in Tokyo trading late Thursday, supported by buybacks. At 5 p.m. the dollar stood at ¥109.74, up from ¥109.20 at the same time on Wednesday. The euro was at $1.1132, down from $1.1153, and at ¥122.17, up from ¥121.80. The dollar ...
Dollar slightly weaker, falls to ¥110.29 at end of Tokyo trading
The dollar was marginally softer around ¥110.30 in late Tokyo trading Thursday amid a dearth of major market-moving news. At 5 p.m., the dollar stood at ¥110.29-29, down from ¥110.36-37 at the same time Wednesday. The euro was at $1.1140-1140, down from $1.1152-1152, and at ...
The forces fueling the yen's rises and falls
Why does a stock market fall in Japan lead to a stronger yen, while a surge in share prices has the opposite effect?
The dollar was almost unchanged at around ¥110.10 in late Tokyo trading Tuesday. At 5 p.m., the dollar stood at ¥110.12-12, against ¥110.10-11 at the same time Monday. The euro was at $1.1155-1155, down from $1.1163-1163, and at ¥122.84-85, down from ¥122.91-91. After moving around ¥110 ...
