[ad_1] The yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either provide some relief for the beleaguered currency or push the dollar…
Tag: yen
Yen hits fresh one-year low as focus swings to US inflation data
[ad_1] TOKYO : The Japanese yen hit a fresh one-year low against the dollar on Monday, as traders awaited another batch of U.S. inflation data that is expected to offer…
Yen sinks to near historic levels against euro and Asian currencies
[ad_1] TOKYO — The yen’s depreciation is spreading beyond the U.S. dollar, with exchange rates against such currencies as the euro and Singapore dollar approaching historic lows. Expanding carry trades…
Exclusive: Weak yen forces Japan to shrink historic military spending plan
[ad_1] TOKYO, Nov 3 (Reuters) – A collapse in the yen is forcing Japan to scale back a historic five-year, 43.5-trillion-yen defence build-up aimed at helping to deter a Chinese…
Toyota more than doubles quarterly profit, raises annual forecast
[ad_1] TOKYO: Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen and strong sales, and raised its full-year forecast by 50%. The…
Japanese Automaker Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales
[ad_1] TOKYO (AP) — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas…
Asian stocks stutter ahead of Fed, frail yen in focus
[ad_1] SINGAPORE : Asian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year…
Asia stocks skid on weak China data, yen dives as BOJ tweaks yield control
[ad_1] SINGAPORE: Asian equities slipped on Tuesday, hovering close to a near one-year low, as manufacturing activity data from China disappointed while the yen weakened past 150 per dollar after…
Yen jumps to 2-week high against dollar as BOJ weighs policy change
[ad_1] NEW YORK — The yen touched a two-week high of about 148.80 against the dollar on Monday on speculation that the Bank of Japan will further relax its yield curve…
Ringgit falls to 25-year low, the worst performer in Asia after yen in 2023
[ad_1] SINGAPORE – The Malaysian ringgit has fallen to its lowest level since the 1997-1998 Asian financial crisis, with the currency weighed by the US dollar’s rise and a widening…