News Japan Dollar: US says it agreed with Japan that dollar-yen reflects fundamentals
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato agreed on Wednesday that the dollar-yen exchange rate currently reflects fundamentals, the U.S. Treasury Department said, a rare and explicit statement on the market situation. President Donald Trump's focus on addressing the huge U.S. trade deficit and his past remarks accusing Japan of intentionally maintaining a weak yen have led to market expectations that Tokyo will face pressure to strengthen its currency's value against the dollar to give U.S. manufacturers a competitive advantage.
News Japan Dollar: Japan's prime minister says her policies will boost confidence in the yen after U.S. intervention falls short
Japan's Prime Minister said her government's policies will lift confidence in the yen, following underwhelming success in prior efforts to boost the currency.
News Japan Dollar: Dollar Slides as Inflation Ignites, But Dip May not Last
The Bloomberg dollar index remains up 4.8% over the past year, and in December, dollar positions were the most bullish in six years.
News Japan Dollar: Japan-U.S. interest rate gaps push down yen against dollar
Funds seeking higher returns have flowed into the United States, causing a wave of dollar buying against the yen.
News Japan Dollar: Japan’s yen at risk of further fall against US dollar in 2022, say analysts
The yen could fall further in the coming weeks after breaking through a crucial support level against the US dollar and hitting a 50-year low against the currencies of Japan’s most important trading ...