Japan, inflation and BOJ
Japanese Yen holds gains ahead of the BoJ interest rate decision
The Japanese Yen (JPY) edges lower against the US Dollar (USD) following the National Consumer Price Index (CPI) data released on Friday. Traders are now focusing on the Bank of Japan (BoJ) policy decision later in the day, with expectations of keeping its short-term interest rate target between 0.15% and 0.25%.
Japanese Yen Forecast: Will Rising Inflation Pressure BoJ to Shift Rate Path?
On Friday, September 20, inflation figures for Japan will impact buyer demand for the USD/JPY pair. Economists forecast the annual inflation rate to edge up from 2.8% in July to 3.0% in August. A higher-than-expected inflation rate could fuel speculation about a possible Q4 2024 BoJ rate hike.
BOJ Meeting to Test Fate of Yen-Sensitive Japanese Stocks
Traders betting on further recovery in Japanese equities are looking to any steer from the Bank of Japan that may cap the yen’s gains and support exporters.
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central bank's 2% target, data showed on Friday, keeping alive expectations for further interest rate hikes.
Japan inflation firms to 2.8% ahead of BoJ rate decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.
Japanese Stocks Rise as Yen Weakens While Investors Await BOJ
Japanese stock futures edged higher as the yen pared its gains after Federal Reserve Chair Jerome Powell cautioned against assuming large rate cuts will continue. Investors are also awaiting the Bank of Japan’s decision Friday.
Japanese Yen experiences volatility due to Fed Powell caution, upcoming BoJ rate decision
The Japanese Yen depreciated as Fed Chair Powell emphasized that 50 basis points cuts are not the "new pace.” The JPY’s ...
Currency Intervention: Japanese Yen As A Case Study
The Bank of Japan then decided to adopt currency intervention as a strategy to mitigate its currency devaluation.
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Japanese Yen Forecast: Will USD/JPY Break 139.5? BoJ and US Labor Market in Focus
Inflow and outflow trends could dictate Yen strength, demand for Japanese goods, and inflation. Large inflows could strengthen the Yen, pulling the USD/JPY lower. A stronger Yen could increase ...
Irrational exuberance? Funds' yen longs hit 8-year high: McGeever
Hedge funds are their most bullish on the Japanese yen in eight years, but as their 'long' positions grow and the currency ...
Japanese ‘Peso’ Or ‘Deutsche Mark?’The Yen Has Us Guessing
Two months ago, some in Tokyo joked that we no longer carry yen in our wallets, but Japanese “pesos” or “rupiah.” Now, with ...
Japanese yen could trend towards 135 against the dollar on narrowing rate differentials: DBS
Chang Wei Liang of DBS Bank says the yen carry trade is largely over and any possible rate hike by the Bank of Japan could result further yen appreciation.
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Japanese yen hits 14 months high against USD, strongest since 2023
The yen on Monday advanced past the level of 140 against the US dollar, its strongest level since July 2023.At 5 p.m., the ...
Japan will continue to assess economic impact of stronger yen, finance minister says
Japan Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of recent currency ...
CFTC Positioning Report: Japanese Yen net longs remain firm
These are the main highlights of the CFTC Positioning Report for the week ending September 10. Speculative net longs in the ...