Yen Extends Gains Amid BoJ Intervention Rumors

RTTNews | 404 gün önce
Yen Extends Gains Amid BoJ Intervention Rumors

(RTTNews) - The Japanese yen extended gains against its major counterparts in the New York session on Tuesday, triggering speculation that the Bank of Japan has intervened in the market to support the currency.

The yen climbed to multi-month highs of 159.94 against the franc, 178.03 against the pound and 154.34 against the euro, off its early lows of 163.29, 181.37 and 157.21, respectively.

The yen appreciated to a 1-1/2-month high of 93.01 against the aussie and multi-week highs of 87.09 against the kiwi and 107.49 against the loonie, from its early lows of 95.40, 89.25 and 109.59, respectively.

The yen firmed to a multi-week high of 147.27 against the greenback, up from an early nearly 1-year low of 150.16.

The currency is seen finding resistance around 145.00 against the franc, 176.00 against the pound, 151.00 against the euro, 90.00 against the aussie, 83.00 against the kiwi, 103.00 against the loonie and 144.00 against the greenback.

read more
U.S. Dollar Climbs On Trump Optimism

U.S. Dollar Climbs On Trump Optimism

The U.S. dollar strengthened against its major counterparts in the New York session on Friday on hopes that policies under incoming President Donald Trump would spur economic growth and inflation.
RTTNews | 2 gün önce
Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.
RTTNews | 2 gün önce
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 2 gün önce
Yen Rises After Fed Rate Cut

Yen Rises After Fed Rate Cut

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the U.S. Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates.
RTTNews | 2 gün önce
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | 2 gün önce
U.S. Dollar Lower Ahead Of Fed Decision

U.S. Dollar Lower Ahead Of Fed Decision

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as investors awaited the Federal Reserve's monetary policy announcement due shortly.
RTTNews | 3 gün önce
Commodity Currencies Gain On Upbeat China Trade Data

Commodity Currencies Gain On Upbeat China Trade Data

The Commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday, after data showed that China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand.
RTTNews | 3 gün önce