Japanese Yen Weakens Slightly Against US Dollar After Last Week’s Intervention
The Japanese yen weakened slightly against the US dollar on Tuesday following a three-session gain. Japan and the United States jointly intervened last week to…
Posts Tagged: Yen
Japanese Yen Strengthens for Second Straight Session Amid Suspected FX Intervention
The Japanese yen strengthened against the US dollar for the second consecutive day as market watchers widely suspect government intervention in the foreign-exchange market. Tokyo…
US Dollar Index (DXY) Rises Ahead of This Week’s GDP, Inflation Data
The US dollar strengthened during the quiet Presidents Day holiday trading session. The greenback has struggled to maintain momentum since last month’s bump. All eyes…
Japanese Yen Strengthens Against US Dollar As Tokyo Signals Currency Intervention
The Japanese yen strengthened against the US dollar, finishing the trading week higher, as government bond yields rose, bolstering the currency of the world’s fourth-largest…
USD/JPY Rises After Trump Announces ‘Massive’ Trade Deal With Japan
The USD/JPY currency pair climbed after President Donald Trump announced a new trade agreement with Japan. This marked the third deal of July 22, with…
Japanese Yen Posts Modest Gains After Bank of Japan Raises Interest Rates to 17-Year High
The Japanese yen strengthened slightly against the US dollar on Friday after the Bank of Japan raised interest rates to their highest level in nearly…
US Dollar Index (DXY) Little Changed As 10-Year Treasury Yield Surges to 4.3%
The US dollar was little changed to kick off the trading week but US Treasury yields rocketed. The buck and the government bond market have…
US Dollar Index (DXY) Joins Broader Market Recovery After Sharp Selloff
The US Dollar Index (DXY), a gauge of the greenback against a basket of currencies, recovered on Tuesday after the sharp August 5 selloff. The…