Tag - exchange rates

 
 

EXCHANGE RATES

Wealthy Chinese shoppers are buying luxury goods in Japan to take advantage of favorable exchange rates, which is hurting European luxury brands' profitability.
COMMENTARY / Japan
Sep 8, 2024
Big Luxury frets that China is turning Japanese
Wealthy Chinese shoppers are buying luxury goods in Japan to take advantage of favorable exchange rates, which is hurting European luxury brands' profitability.
Japan Times
BUSINESS / Markets
Apr 25, 2019
Trump's Fed pick Stephen Moore draws fire from Democrats over sexist remarks; Republicans silent
Stephen Moore, the economic commentator that U.S. President Donald Trump has said he will nominate to the Federal Reserve Board, is drawing new fire from top Democrats for his comments denigrating, among other targets, women and the Midwest.
BUSINESS / Markets / CURRENCY MARKET
Oct 1, 2018
Dollar recovers ¥114 in Tokyo first time in 11 months
The dollar traded firmly above ¥114 in Tokyo trading late Monday, after recovering the threshold for the first time since last November.
BUSINESS / Markets / CURRENCY MARKET
Aug 27, 2018
Dollar weaker below ¥111.20 in late Tokyo trading
The dollar was weaker below ¥111.20 in late Tokyo trading Monday, though it recovered some ground in line with brisk Japanese stocks.
Japan Times
COMMENTARY / World
Mar 19, 2018
The dollar's doldrums
Trump-related uncertainty may be one reason among many behind the greenback's weakness.
BUSINESS / Markets / CURRENCY MARKET
Nov 23, 2017
Dollar licks wounds after biggest drop since June
The dollar nursed losses on Thursday after posting its biggest loss in five months in the previous session, as investors dialed down expectations on the outlook for U.S. interest rate hikes next year based on minutes from the Federal Reserve's latest policy meeting.
BUSINESS / Markets / CURRENCY MARKET
Sep 12, 2017
Dollar rises above ¥109 in Tokyo
The dollar climbed above ¥109 in Tokyo trading Tuesday, reflecting higher stock prices in and outside Japan.
BUSINESS / Markets / CURRENCY MARKET
Apr 11, 2017
Dollar falls to ¥110.50 in Tokyo on geopolitical risks
The dollar retreated to levels around ¥110.50 in Tokyo trading Tuesday, weighed down by heightened geopolitical risks over Syria and North Korea.
BUSINESS / Markets
Nov 10, 2016
'Mr. Yen' says Japan's currency could rise to 90 to the dollar by May on Trump win
The yen may strengthen to 90 per dollar within six months of Donald Trump's election, former Japanese top currency official Eisuke Sakakibara said.
COMMENTARY / World
Feb 21, 2016
Fear grows China has no currency solutions
China's revised exchange-rate peg continues to rattle global financial markets, with no return to stability in sight.
BUSINESS / Markets / CURRENCY MARKET
Sep 15, 2015
Dollar falls below ¥120 as BOJ leaves policy unchanged
The dollar slipped below ¥120 in Tokyo trading on Tuesday, pressured by selling by investors who were disappointed by the Bank of Japan's decision to leave its monetary policy unchanged.
BUSINESS / Markets / FOCUS
Jun 16, 2015
Kuroda yen u-turn message was aimed at TPP renegades in Washington
When Bank of Japan Gov. Haruhiko Kuroda said in Tokyo last week the yen has weakened enough, his key audience was 11,000 km away in Washington.
BUSINESS / Markets
Jun 9, 2015
Kuroda's former ally Ito sees little downside now for yen
It's hard to imagine the yen declining much further from its current lows, said a former deputy to Bank of Japan Gov. Haruhiko Kuroda when he was in charge of the nation's currency policy.
BUSINESS / Markets / CURRENCY MARKET
Aug 21, 2014
Strong U.S. housing starts thrust dollar above ¥103
The dollar shot above ¥103 in Tokyo trading Wednesday on purchases driven by a stronger-than-expected U.S. economic indicator released overnight, as well as speculative buying.
BUSINESS / Economy / THE VIEW FROM EUROPE
Mar 15, 2014
Economy can do without structural reform
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.
COMMENTARY / World
Jul 24, 2013
To avoid the currency wars
The global economy needs exchange rate coordination now to damp the possibility of 'currency wars' as countries seek to gain competitive advantage.

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