Japan’s Exports Rise for Fourth Straight Month on Strong China Demand
Japan’s Exports Rise for Fourth Straight Month on Strong China Demand Japan’s exports rise for the fourth consecutive month, spurred by a weakening yen and robust demand from China, despite weaker domestic consumption. According to a report from the Finance Ministry, exports increased by 7.3% in March year-over-year, a slight slowdown from February’s 7.8% growth. […]
Japanese Yen Nears Record Low Against USD, Remains Vulnerable
Japanese Yen Nears Record Low Against USD, Remains Vulnerable The Japanese Yen (JPY) is continuing to struggle against the US Dollar (USD), staying near a 34-year low during Tuesday’s Asian trading session. This persistent weakness is linked closely to expectations around interest rates set by the central banks of Japan and the United States. The […]
Dollar Strengthens, Yen Weakens as Bets on Fed Rate Cut Decline
Dollar Strengthens, Yen Weakens as Bets on Fed Rate Cut Decline On Thursday, the U.S. dollar exhibited robustness following the release of U.S. inflation data that surpassed expectations. This data dampened the previously held anticipation of the Federal Reserve commencing its rate-cutting cycle as early as June. Meanwhile, the yen experienced a significant decline, dropping […]
Japanese Currency Gains Strength Amid Speculation of Upcoming Changes in Bank of Japan’s Policy Approach
Japanese Currency Gains Strength Amid Speculation of Upcoming Changes in Bank of Japan’s Policy Approach The Japanese Yen (JPY) has recently exhibited a notable shift in its value, influenced by a combination of domestic economic data and international monetary speculations. During the Asian trading session on Friday, the JPY experienced a slight decline following the […]
Japan’s Top Currency Diplomat Warns Against Weakening Yen
Japan’s Top Currency Diplomat Warns Against Weakening Yen Masato Kanda, Japan’s leading currency diplomat, has raised concerns over the weakening yen, asserting that Japan will contemplate all possible measures to address excessive currency fluctuations. Kanda stressed the importance of stable currency movements that mirror economic fundamentals, as the yen recently depreciated beyond ¥143 against the […]