Dollar Climbs Back To ¥160 After Yen Rips 600 Pips. BOJ Still Not Touching Rates.
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Something strange happened in the yen Thursday, and Friday the Bank of Japan gave its answer without really giving an answer at all. Dollar yen swung 600 pips in one…
Dollar rate
Dollar Pushes Yen to 164 Zone Again. Inflation Data Did Not Help. Bank of Japan Under Pressure.
Inflation in Japan is rising. Normally that helps a currency. Not here. Yen kept falling Friday and hit another 40 year high against the dollar because the market does not…
Japanese yen Hits Four-Decade Low as USD/JPY Reaches 163
Japanese yen is at level not seen since 1986. Four decade low. Finance Minister warning again. And the fundamental reasons for yen weakness have not changed at all. This is…
Euro to Dollar: EUR/USD Stays Near $1.14 Before CPI Report
Currency markets are waiting. Euro to Dollar is trading near $1.14 as currency markets wait for today’s CPI report. Yen is near 40 year lows. Dollar is winning across the…
EUR/USD Holds Near 1.14 Ahead of Fed Minutes
Currency markets are quiet Wednesday morning. Everyone waiting for the same thing. Fed minutes from Kevin Warsh’s first meeting as chair. Question is whether those minutes actually tell us anything…
Dollar Hits One Year High. Fed Rate Hike Bets Are Growing.
Fed did not raise rates Wednesday. But what Warsh said after the meeting was enough. Dollar is now at its strongest level in over a year and rivals are feeling…
Dollar Gets Stronger After New Fed Chair Warsh Signals a Different Way of Doing Things.
Rates did not move Wednesday. But the Fed changed in other ways. Warsh made that clear and the dollar responded. Euro Dipped, Dollar Gained Euro briefly fell below $1.15 after…
Dollar Holds Above 160 Yen After Bank of Japan Raises Rates to Highest Level Since 1995.
Bank of Japan made a big move Tuesday. Rates went to 1% for the first time in 31 years. Yen barely moved. Dollar stayed right where it was. Here is…
USD JPY Forecast: Can Japan Stop the Dollar From Rising Against the Japanese Yen?
Okay so currency thing happening right now and I not really expert in this stuff but let me try explain what I understand. The dollar getting really strong against Japanese…