Fallout from the coronavirus outbreak may finally lift the curse of the safe-haven yen for Japan, but policymakers fear fiscal laxity could lead to a freefall for the currency eventually, undermining efforts to cushion the economy from the pandemic. The yen, which investors typically snap ...
The dollar mostly moved around ¥110.50 in relatively calm Tokyo trading Tuesday. At 5 p.m., the dollar stood at ¥110.53-53, up from ¥110.23-24 at the same time Monday. The euro was at $1.0830, up from $1.0693-0694, and at ¥119.70-72, up from ¥117.88-89. Strong dollar-funding demand amid ...
The dollar recouped some of early losses caused by a U.S. interest rate cut to move around ¥107.50 in Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥107.52-53, down from ¥108.02-02 at the same time Tuesday. The euro was at $1.1159-1159, up from ...
The dollar fell to around ¥109.70 in late Tokyo trading Thursday, amid persistent concerns over the new coronavirus outbreak mainly in China. At 5 p.m., the dollar stood at ¥109.72-73, down from ¥109.87-87 at the same time Wednesday. The euro was at $1.0879-0879, down from ...
The dollar was slightly higher around ¥109.90 in late Tokyo trading Wednesday amid a lack of strong trading incentives. At 5 p.m., the dollar stood at ¥109.87, up from ¥109.80 at the same time Monday. The euro was at $1.0914, down from $1.0947-0948, and at ...
Tokyo stocks sink following Iran attack on U.S. forces in Iraq
Tokyo stocks sank Wednesday, with the Nikkei index briefly falling over 600 points to below the 23,000 line for the first time since November, as Middle East tensions escalated after Iran fired missiles at Iraqi bases that host U.S. troops. The 225-issue Nikkei average ended ...
The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, as investor confidence in global growth prospects and the Phase 1 U.S.-China trade deal spurred a risk-on move. U.S. President Donald Trump said on ...
The dollar dropped below ¥108.50 in Tokyo trading Wednesday, with expectations for improvement in U.S.-China trade ties fading away. At 5 p.m., the dollar stood at ¥108.44, down from ¥108.66 at the same time Tuesday. The euro was unchanged at $1.1068, and at ¥120.01-02, down ...
The dollar rose to around ¥109.20 in Tokyo trading on Tuesday. At 5 p.m., the dollar stood at ¥109.23-23, up from ¥108.95-96 at the same time on Monday. The euro was at $1.1028-1028, slightly down from $1.1030-1030, and at ¥120.46-46, up from ¥120.18-18. The dollar climbed ...
The dollar rose to around ¥108.80 in Tokyo trading Tuesday amid growing hopes for progress in U.S.-China trade negotiations. At 5 p.m., the dollar stood at ¥108.78-78, up from ¥107.96-96 at the same time on Friday. The euro was at $1.1136-1136, down from $1.1163-1163, and ...
The dollar was flat at around ¥108.85 in Tokyo trading late Wednesday, with investors paying close attention to upcoming policy-setting meetings of the U.S. and Japanese central banks. At 5 p.m., the dollar stood at ¥108.85, unchanged from the same time Tuesday. The euro was ...
Trump blasts Fed after manufacturing data stoke fears of sharp slide due to trade war
U.S. President Donald Trump once again lashed out at the Federal Reserve on Tuesday, this time in the wake of weak data on the manufacturing sector, saying the central bank has kept interest rates "too high" and that a strong dollar is hurting U.S. ...
