The US dollar is broadly stronger against its major G10 counterparts on Monday while the yen remains weak as a result of a sell-off due to outflows from safe havens like itself.
The more risk-on market sentiment today was boosted by a deal reached over the weekend to curtail Iran’s nuclear...
The dollar remains bullish against the yen, while the euro hit a new four-year high against the Japanese currency in today’s Asian session.
Bank of Japan Governor Kuroda kept markets speculation that the yen will weaken over time as the BOJ continues with its aggressive monetary easing policy...
The yen remained under pressure in Friday’s Asian session after being pushed lower by Bank of Japan Governor Kuroda who appeared before the Japanese “Diet Committee” to talk about monetary policy.
He reiterated the Bank of Japan’s commitment to undertake necessary policies to fight deflation...
USDJPY was driven to a new four-month high of 100.92 yen by mid-European session trading, its highest since July 10. EURJPY also rose, peaking at 135.87 yen, just below a four-year high hit yesterday.
The dollar was boosted by Wednesday’s Fed minutes which were upbeat on the US economy and...