Japanese currency near two-year low as rate gap pressures mount

BOJ raises rates to a 31-year high, but the yen carry trade gains momentum as traders bet the currency will weaken further.

LONDON, June 16 : The dollar held near 10-day lows on Tuesday as a preliminary deal to end the Iran war buoyed risk appetite, while the yen teetered near the closely watched 160…

The Bank of Japan raised its policy rate to 1%, the highest since 1995, but the yen remains weak. Bitcoin rose after the announcement, breaking historical

The Bank of Japan raised rates to 1%, the highest since 1995, but the yen remains weak above 160 per dollar. Here's what it means for crypto and markets.

The Bank of Japan raised its benchmark rate to 1%, a 31-year high, as the yen weakens to 160 per dollar. Japan also approved its first yen stablecoin, JPYC.

Japanese currency near two-year low as rate gap pressures mount

HONG KONG, June 18 : The U.S. dollar hovered close to a two-month high on Thursday after a hawkish hold from the Federal Reserve triggered bets on rate hikes, while yen weakness…

The U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards intervention levels. Mounting inflation concerns…

Yen has wiped out gains made after Tokyo’s last intervention on April 30. Read more at straitstimes.com. Read more at straitstimes.com.

Yen had wiped out gains made after Tokyo’s record intervention on April 30. Read more at straitstimes.com. Read more at straitstimes.com.

Tokyo, June 18 (Jiji Press)--The dollar hovered above 160.50 yen in Tokyo trading on Thursday after rallying to a 23-month high of 160.79 yen in New York overnight amid…