Japan's yen hits 40-year lows near 162 per dollar as $73.5B in interventions fail. The yen carry trade poses major risks for ...
By Rae Wee SINGAPORE, July 7 (Reuters) - The yen weakened anew on Tuesday as traders grew emboldened to push the currency ...
The yen touched 160.03 against the greenback on Monday, for the first time since 1990, but strengthened to 156 levels later that day amid speculation about an intervention by Japanese authorities. On ...
First, Japanese officials claimed the yen falling to 150 to the dollar wouldn’t happen. Then it was the 160 level. Now, traders are buzzing about 170. It’s hardly a reach, as the Federal Reserve holds ...
Shorting the yen has been a popular trade, driven by Japan's low interest rates and persistent currency weakness. The interest rate differential between the Bank of Japan and other central banks is ...
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