The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a US-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.

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 at 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…

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

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…

The yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by government spending plans. Analysts predict…

The Japanese yen fell past 161 against the U.S

The US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace agreement looms large as Japan's currency…