japanese yen

The dollar and the yen weakened after Australia’s central bank unexpectedly halted its most aggressive round of interest-rate cuts, boosting demand for higher-yielding assets. The U.S. and Japanese currencies also snapped two days of gains versus the euro as Asian shares pared losses and U.S...

The dollar may gain 11 percent against the yen in the next three months should it rise above so-called resistance at 94.63 yen, based on trading patterns, Standard Chartered Plc said. in Singapore. The 94.63 yen level would match the greenback’s highest this year, reached Jan. 6, as well as...

The yen rose after finance ministers from the Group of Seven nations said the “severe” global slump will persist for most of 2009 and Japan’s economy shrank by the most since 1974, spurring investors to sell riskier assets. The yen snapped two days of losses against the dollar and the euro as...

The yen fell for a second day against the euro and the dollar, paring a weekly advance, as stocks rose on speculation governments will expand efforts to revive lending. The Japanese currency declined most versus the pound and Australian dollar amid speculation the Obama administration will...

The dollar and yen will strengthen in the next six months as skepticism about a U.S. plan to rescue the banking system increases demand for the currencies as a haven, a survey of Bloomberg users showed. Participants turned positive on the U.S. greenback for the first time since December and...

The yen rose against the euro and the dollar as Asian stocks slumped on concern the U.S. government’s bank-rescue plan will fail to revive lending, boosting demand for Japan’s currency as a haven. The yen also gained against higher-yielding currencies such as South Korea’s won and Sweden’s...

Daiwa SB Investments Ltd. is urging clients to put their money into Brazil, Mexico and Turkey after the yen’s 55 percent gain against their currencies made emerging markets a bargain. A year ago, it wasn’t recommending any developing nation funds. “A lot of assets have gotten extremely cheap...

The yen rose against the dollar on speculation yesterday’s biggest drop in seven weeks encouraged local exporters to bring home some of their overseas earnings. The dollar weakened on concern a government report today will show the U.S. jobless rate climbed to a 16-year high in January...

The yen weakened for a second day against the dollar and the euro as gains in stocks reduced demand for the currency as a haven from the financial crisis. Japan’s currency also fell against the Australian dollar and the Brazilian real as measures of bond risk declined in Europe and Australia...

The euro weakened for a third day against the dollar on speculation business sentiment in Germany slumped as credit losses spread through Europe, fueling expectations the European Central Bank will lower interest rates. The British pound approached a 23-year low versus the greenback on...

The yen headed for its biggest weekly gain in three months against the pound and approached the strongest since 1995 versus the dollar as concern the global slowdown will worsen spurred investors to buy Japan’s currency. Sterling fell toward a 23-year low versus the dollar and declined to...

The New Zealand dollar approached a six-week low after a government report showed consumer prices fell last quarter, giving the central bank more room to cut interest rates to a record low next week. Australia’s currency also weakened, ending two days of gains, after the European Commission...

The yen advanced for a second day against the dollar after rockets fired from Lebanon struck northern Israel, prompting investors to seek the perceived safety of Japanese assets. Japan’s currency gained for a fourth day versus the euro on speculation Israel’s war with Hamas in the Gaza strip...

The Australian and New Zealand dollars extended gains from last week as improved risk appetite boosted demand for high-yielding assets. The currencies also climbed as prices advanced for commodities the nations export, including oil, wheat and beef. Crude oil climbed for a third day on...

The yen posted its first weekly decline against the dollar in two months as Japan’s inflation slowed and industrial production slumped, adding to bets the central bank will pump cash into the economy at a faster pace. Japan’s currency depreciated for a third week versus the euro as Bank of...

The yen headed for its first weekly decline against the dollar in two months after inflation slowed and industrial production slumped, adding to speculation the Bank of Japan will pump cash into the economy at a faster pace. The yen was on course for a third weekly decline versus the euro as...