Tag - dollar

 
 

DOLLAR

Japan Times
BUSINESS / Markets
Mar 7, 2023
Yen has scope to jump around 60% if BOJ normalizes and Fed eases
Within the ¥136 to the dollar range, the Japanese currency is around 30% cheaper than its 'equilibrium fair value,' a level that analysts peg at around ¥100 per dollar.
Japan Times
BUSINESS / ANALYSIS
Mar 6, 2023
Chinese companies hang onto dollars and hedge to prepare for volatile yuan
Bankers say clients are reluctant to convert export receipts, with more than 30 A-share listed companies signing up to use currency derivatives for risk-hedging so far this year.
Japan Times
BUSINESS / Economy
Feb 24, 2023
The world’s most painful trade is finally ending as dollar peaks
Investors say the dollar is on the way down because the bulk of Fed rate increases is over, and most other currencies will strengthen as their central banks keep tightening.
Japan Times
BUSINESS / Markets
Feb 7, 2023
Japan intervened in forex markets twice in October to support yen, report shows
On the respective days, ¥5.6 trillion ($42.2 billion) and ¥729.6 billion were spent to prop up the yen, which hit a 32-year low against the dollar last autumn.
Japan Times
BUSINESS / Markets
Feb 3, 2023
Japan's GPIF, the world's biggest pension fund, posts longest loss in 20 years
The Government Pension Investment Fund lost 1% during the quarter ended December, or ¥1.85 trillion ($14 billion), reducing its total assets to ¥189.9 trillion.
Japan Times
COMMENTARY / World
Jan 16, 2023
Why the Fed needs to take the digital yuan seriously
The e-CNY will be more than just a paperless version of cash for China's local economy, its use in trade settlements would pose a challenge to the U.S. dollar.
Japan Times
BUSINESS
Jan 13, 2023
U.S. dollar hits seven-month low amid rise in Japan's benchmark long-term interest rate
On the bond market, the yield on 10-year Japanese government bonds rose to 0.545%, its highest since June 2015.
Japan Times
BUSINESS / Markets
Jan 6, 2023
Yen rally under threat after break of long-term support level
The currency fell for a fourth day Friday following stronger-than-forecast U.S. employment data, dropping further below a support line starting from October's three-decade low.
Japan Times
BUSINESS / Markets
Jan 3, 2023
Yen extends gains to strongest mark since June after BOJ policy shift
The recovery has been driven by government intervention, the outlook for slowing U.S. interest rate hikes and speculation the BOJ is about to unwind its ultraeasy policy.
Japan Times
BUSINESS
Dec 24, 2022
Speculators slash bets against the yen as BOJ leaves carry traders gasping
The dovishness that the BOJ exhibited up until this week has fueled weakness in the currency, and so signs of a hawkish turn have the potential to reverse that.
Japan Times
BUSINESS / Markets
Dec 22, 2022
Investors rush to update yen playbook after Bank of Japan’s surprise shift
The yen surged 4.8% on Tuesday after the BOJ blindsided the market by raising its cap on 10-year bond yields to 0.5% from 0.25%.
Japan Times
BUSINESS / Markets
Dec 15, 2022
‘Mother of all pivots’ in 2023 spurs top Asia fund to eye yen
The yen has climbed more than 11% from its October nadir amid government intervention, hopes for a slowing of U.S. rate hikes and speculation over a BOJ shift.
Japan Times
COMMENTARY / World
Dec 12, 2022
China developing the digital yuan to protect its interests
The ruling Communist Party is sacrificing innovation on the altar of social stability.
Japan Times
BUSINESS / Markets
Dec 5, 2022
The year’s big yen short set for a dramatic U-turn in 2023
Analysts' bullishness is a marked change in tune from September, when hedge funds couldn't get enough of shorting the yen — a high profile casualty of the BOJ's ultradovish monetary policy.
Japan Times
BUSINESS / Markets
Dec 1, 2022
Dollar dives to three-month low in ¥135 zone after signal by U.S. Fed chief
The comments caught some market participants off guard, as they had braced for more hawkish remarks from U.S. Federal Reserve Chairman Jerome Powell.
Japan Times
BUSINESS / Markets
Nov 29, 2022
Resurgent yen at risk of bigger moves still if 1998 is any guide
The currency has taken another leg higher in recent days, fueled in part by the potential fallout from China's deteriorating COVID-19 situation.
Japan Times
COMMENTARY / World
Nov 22, 2022
Why is the Swiss franc still a safe-haven currency?
While other leading safe-haven currencies have taken a hit as of late, the Swiss franc keeps going strong.
Japan Times
BUSINESS
Nov 11, 2022
Japan ready to act as U.S. inflation data triggers broad dollar losses
While the gains for the yen should comfort policymakers given its sharp 20% decline against the dollar this year, Tokyo has consistently warned against excessive one-sided currency moves.
Japan Times
BUSINESS / Markets
Nov 7, 2022
Hedge fund veteran trims exposure to China and sees parallels with Japan slump
Indus Capital Partners' Byron Gill said the company's $729 million Pacific Opportunities Fund began to cut its exposure to China equities in the first quarter of 2021.
Japan Times
COMMENTARY / World
Nov 3, 2022
Powell delivers masterful performance at a difficult time
The Federal Reserve chair needed to prepare markets for a coming slowdown in rate increases without loosening financial conditions. He pulled it off.

Longform

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