David Forrester, Senior Vice President, G10 FX Strategy at Macquarie, expects the Bank of Japan to unleash more stimulus ahead, which will spur further yen weakness.» Read More
NEW YORK, Dec 3- The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency. The dollar fell 0.5 percent to 102.49 yen after reaching 103.37 yen in Asian trading, according to Reuters data.
CNBC's Rick Santelli discusses the latest action in the bond market and the influence of interest rates on a possible market correction.
LONDON, Dec 3- The yen recovered from early losses to trade higher against the dollar and euro on Tuesday, as investors took profits from a month-long rally and global equity markets declined, driving demand for the safe-haven currency. The dollar was down 0.3 percent against the yen at 102.65 yen after reaching 103.38 yen in Asian trading.
U.S. stock index futures pointed to a tepid Wall Street open on Tuesday, as caution set in ahead of Friday's non-farm payrolls jobs report.
LONDON, Dec 3- The yen fell against the dollar on Tuesday as strong U.S. data the previous day raised expectations the Federal Reserve could soon scale back its bond-buying while Japanese monetary policy looks set to stay loose for some time. The dollar rose 0.1 percent to 103.04 yen.
TOKYO/ SYDNEY, Dec 3- The yen wallowed near six-month lows against the dollar on Tuesday, and five-year lows against the euro and sterling due to prospects of the Bank of Japan taking more stimulus steps. The dollar hit 103.165 yen, inching closer to its May 22 peak of 103.74 yen and last stood at 103.10 yen, up 0.2 percent from late U.S. levels.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
What is historically one of Wall Street's best months may not live up to that billing this time around.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up today, mostly due to manufacturing data and numbers out of China. OPEC nations meet in Vienna on Wednesday.
CNBC's Sharon Epperson has the latest trading action on precious metal.
U.S. stocks fall.
CNBC's Rick Santelli discusses the latest action in the bond market and interest rates in Japan.
U.S. stock index futures pointed to a flat-to-lower open on Monday, ahead of a bumper week of data culminating in Friday's non-farm payrolls.
Michael Kurtz, Global Head of Equity Strategy at Nomura, says markets have been preparing themselves for a Fed taper and lists his reasons for declaring an end to the global financial crisis.
The dollar climbed to a more than six-month high against the yen on Monday on speculation the Bank of Japan may expand its already massive economic stimulus.
Daniel Stecich, Athena Advisor Services, joins CNBC's Rick Santelli to discuss short-term rates and uncertainty in the treasury market. Stecich says to watch the money markets; the Fed will be behind the curve.
CNBC's Rick Santelli discusses the latest action in the bond market including the ten-year note and dollar/yen.
U.S. stocks on Friday tallied a third month of gains.
U.S. stock index futures pointed to further Wall Street gains on Friday, as markets reopened after the Thanksgiving holiday.
Craig Chan, Head of FX Strategy, Asia ex-Japan at Nomura tells CNBC's Cash Flow how to trade the yen in light of Japan's consumption tax.