Former Blockstream executive and BTC maxi Samson Mow has posted on social media site X that, thanks to the Japanese yen’s ...
The Japanese yen was at its strongest versus the dollar in nine days after Japan's government bond yields hit another cycle high. The 10-year JGB yield was up 1.5 basis points early Wednesday, trading ...
To support the yen, authorities need to tap Japan's foreign reserves of dollars to sell for yen. The finance minister issues the order to intervene, and the Bank of Japan executes the order as the ...
However, private consumption remained below pre-COVID levels. The weaker Japanese Yen contributed to weaker household spending, affecting economic growth. S&P Global predicts Japan’s economy ...
The Japanese Yen appreciated following the release of Tokyo CPI inflation data, which showed a rise in December. The Tokyo Consumer Price Index increased to 3.0% YoY in December, up from 2.6% in ...
driven mostly by the wide gap between U.S. and Japanese government bond yields, which is more than 375 basis points for the 10-year tenor. That encourages borrowing and short-selling yen in order ...