AI AnalysisReported
OCBC says undervalued yen is nearing a turning point
Analysts at OCBC say the Japanese yen, among the most undervalued major currencies, could be approaching a shift in direction.
By EGazette AI · · 1 min read
Yen
Reported
Japan's Markets Defy Typical Rate-Hike Playbook After BOJ Move
Yen weakens, bond yields fall and stocks rise following a Bank of Japan rate increase, an unusual combination that has drawn attention from analysts.
· 2 min read
OfficialReported
Bank of Japan Expected to Raise Policy Rate to Highest Level in 31 Years
The Bank of Japan is widely anticipated to raise its benchmark interest rate by 25 basis points, with Governor Kazuo Ueda expected to proceed cautiously to avoid market volatility, according to Anadolu Agency.
· 1 min read
EGEGazette
Reported
Update: Yen appreciation has carry-trade seekers looking at these two currencies
A report from CNBC — Top News sets out the main available details, with claims kept attributed to their sources.
· 1 min read
Reported
Mitsui O.S.K. Lines Chairman Warns Yen Volatility Could Confuse Global Markets
Hashimoto, chairman of the Japanese shipping giant, said sharp swings in the yen risk creating a "confused situation" for financial and global markets.
· 1 min read
Reported
Japan's Foreign Reserves Fall by Record $80 Billion in August After Yen Intervention
Finance ministry data show reserves dropped to $1.207 trillion from $1.287 trillion in July, according to a report by CNBC.
· 1 min read