How Did the Japanese Yen Do in Q1: What’s Next?
The Japanese yen has experienced a volatile first quarter of 2023, swinging from weakness to strength and back again against the US dollar. What…
Category
Japan
USD/JPY Rises with Hawkish Fed, Dovish BOJ
The USD/JPY exchange rate has been on a rollercoaster ride since early 2021, with bulls taking the lead in recent weeks. The pair hit…
Japanese Yen Remains Unchanged Against the Dollar Despite Momentus Fall By USD
Despite the US dollar index (DXY) hitting a seven-month low on Monday, the Japanese yen (JPY) hasn’t altered much against the dollar so far…
Bank of Japan Surprises Market With Interest Rate Move as JPY Springs to Life
In an unexpected decision on Tuesday, the Bank of Japan allowed long-term interest rates to climb more, shocking the Japanese yen (JPY) and financial…
Bank of Japan Maintains Ultra-Loose Stance in Latest Meeting as Yen Stumble
The Bank of Japan kept its ultra-low interest rates and dovish posture on Friday, which caused the Japanese yen to tremble. Meanwhile, the dollar…
Japan Authorities to Slash Listing Wait Time for New Crypto Tokens
Bloomberg reported Wednesday that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) intends to relax cryptocurrency listing restrictions to make it simpler for…
Japanese Yen Shaky as Japanese Authorities Warn About Volatility in the Currency
Following a drop to a 32-year low for the Japanese yen (JPY) last week and meetings of the heads of the world’s financial systems…
Japan Set to Record Highest GDP Growth in Over a Decade Following Stimulus Budget Bump
The growth forecast for Japan has gotten bumped up from the 2.2% GDP growth forecast made in July to 3.2% in 2022, following a…
Japan to Toughen Cryptocurrency Regulations to Bar Moscow-Bound Transactions
As worries that Russia and its elites may use cryptocurrency to evade international sanctions, Japan has announced that it would employ stricter regulations on…
