Tags » Japanese Yen

AUD hits seven-year high against Yen

The Australian dollar has firmed, reaching a seven-year high against the Japanese yen ahead of economic data from Australia’s second biggest trading partner.

At 7am (AEDT), the local currency was trading at… 80 more words


Asia: Governor Kuroda bets on QE

Aggressive asset purchases by the Bank of Japan shows Governor Kuroda’s willingness to back his QE policy to the hilt. The Yen has weakened significantly against the Dollar over the last two years and this trend is likely to continue. 196 more words

Stock Markets

Will the Yen Ever Recover?

What was the Governor of the Bank of Japan thinking about when he decided to shock the financial markets with his aggressive monetary policy decision? In the same week that the Federal Reserve announced the end of its bond purchasing program, the BOJ and Japanese policy makers have decided to inject 80 trillion Yen per year into Japan’s financial system. 335 more words

Forex For Beginners

Asian #shares slide, led by sharp drop in #Nikkei

A global selloff extended into Asia with stocks in Japan slumping over 2% to their lowest since May as growing concerns over economic growth around the world took its toll on the region. 11 more words