Traders point to Japanese investors repatriating assets as a significant cause of the yen's dramatic rise. Really?
The yen rallied to a new all-time high against the dollar as traders speculated G-7 central bankers may be getting ready to intervene to drive the currency lower.
The Japanese Yen has been gaining strength against the dollar following the tsunami and Japan's subsequent nuclear crisis—so much so that I thought I was reading the chart backwards.
Traders have started souring on some emerging market currencies this week, and the fun may just be starting.
Because of Japan’s many troubles, before and after recent events, the Asia nation could face recession again, Stephen Roach, Morgan Stanley’s non-executive chairman Asia, told CNBC Wednesday.
The yen hit a four-month high against the dollar, and Bahrain's central bank is on the move — it's time for your FX Fix.
As investors have rushed to safe-haven currencies, the Canadian and Australian dollars have been hit hard - maybe too hard.
Nouriel Roubini, the New York University economist who gained renown for predicting the financial crisis, sees dark days ahead for the yen.
It's a bad day to hold a risky currency, but anyone with Swiss francs, or even yen, is sitting pretty right now. It's time for your FX Fix.