The Japanese Yen continues to draw support from the BoJ's hawkish interest rate hike on Friday. The divergent BoJ-Fed outlook and narrowing US-Japan yield differential favor the JPY bulls. Fed rate cut bets could act as a headwind for the buck and further cap gains for the USD/JPY pair.
Speaking with reporters on Air Force One, US President Donald Trump said early Tuesday that he “wants tariffs “much bigger” than 2.5%” as Treasury Secretary Scott Bessent proposed. The US Dollar (USD) is picking up fresh bids on these comments, with the US Dollar Index (DXY) rising 0.51% on the day to 107.88 at the time of writing.
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian and New Zealand dollars surged on U.S. President Donald Trump's comments suggesting a softer stance on tariffs against China.
The yen saw a sharp price swing against the dollar on Tuesday following the latest tariff remarks by US President Donald Trump. During Tokyo trading, the Japanese currency briefly fell after Trump ...
The yen was alone among Group-of-10 currencies in rising against the dollar on Tuesday as traders wagered that Donald Trump’s first ... of Japan on Friday. The Japanese currency appreciated ...
With Donald Trump back in the White House, Japanese companies operating in North ... Toyota pledged to invest an additional $10 billion (1.15 trillion yen at the exchange rate of that time ...
Donald Trump’s inauguration adds uncertainty to USD/JPY trends. Plans for punitive tariffs may spark risk aversion, prompting a flight to safety. This could unwind Yen carry trades, dragging USD ...
TOKYO/SEOUL (Reuters) -Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike sent it tumbling to a near one-month low against the Japanese currency.
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push ... SoftBank's two Vision Funds posted a whopping 4.3 trillion yen ($32 billion at the time) in losses.
The dollar firmed on Monday as traders pondered the ramifications of U.S. President Donald Trump's tariff plans at the start of a week in which the Federal
The uncertainty surrounding the impact of Trump's trade and immigration policies could support the JPY.