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INTERNATIONAL FX NEWS


Yen at multi-decade lows, dollar drops before US data

Thursday,   25-Apr-2024   03:56 (IST)

The yen hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday to not be hawkish enough to support the Japanese currency. A day earlier, the buoyant dollar broke above the 155 yen level for the first time since 1990 after trading in a tight range over several days. On Thursday, the greenback rose to a 34-year high of 155.74 yen and was last 0.2% higher at 155.62. Some market participants see the 155 level as a line in the sand that will prompt Tokyo authorities to take action. The euro hit ...

Sterling rises versus euro and dollar, eyes BoE policy path

Thursday,   25-Apr-2024   03:44 (IST)

Sterling rose versus the dollar and the euro as investors assessed the Bank of England's monetary policy path after recent mixed signals from policymakers. The pound dropped late last week and on ...

Yen hits fresh 34-year lows against dollar ahead of BOJ meeting

Thursday,   25-Apr-2024   02:17 (IST)

The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday not be hawkish enough to support t...

Asia FX flat amid rate jitters; yen passes intervention line ahead of BOJ

Thursday,   25-Apr-2024   10:19 (IST)

Most Asian currencies kept to a tight range on Thursday, while the dollar steadied amid uncertainty over U.S. interest rates ahead of key economic signals in the coming days. The Japanese yen saw exte...

Markets wary of intervention as yen struggles at 155 level

Thursday,   25-Apr-2024   08:11 (IST)

The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to whether Tokyo will intervene wh...

Sterling dips as investors book profits on scorching rally

Wednesday,   24-Apr-2024   03:31 (IST)

The pound eased on Wednesday, surrendering some gains from its biggest one-day rally in four months the previous day, after a softer reading of monthly U.S. business activity battered the dollar. Ster...

Dollar recovers from PMI slump, yen closes in on 155 per dollar

Wednesday,   24-Apr-2024   03:30 (IST)

The U.S. dollar regained some ground on Wednesday following big falls against the euro and sterling the day before, while the yen remained mired near 34-year lows even as Japanese officials stepped up...

Asia FX sees some relief as dollar retreats, yen at 34-year lows

Wednesday,   24-Apr-2024   10:38 (IST)

Most Asian currencies rose slightly on Wednesday, as weakness in the dollar offered some relief to regional markets, although underperformance in the Japanese yen persisted despite fears of government...

Dollar shaky after euro rebound; yen mired at 34-year low

Wednesday,   24-Apr-2024   08:11 (IST)

The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, hurt by a combination of surprisingly robust European activity data and cooling U.S. business growth. How...

Sterling steadies after strong British activity data

Tuesday,   23-Apr-2024   04:05 (IST)

Data showing British businesses recorded their fastest growth in activity in nearly a year helped the pound steady against the dollar on Tuesday, after touching its lowest in five months the day befor...

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