With Japan on holiday, speculators drove the yen through 107.00 per dollar for the first time since October 2014. Often seen as a sign of broader risk aversion among investors, the move coupled with a decline on Wall Street overnight to pushed Asian and European stocks into the red. U.S. futures pointed to a lower open on Wall Street. » Read More
Regulators in Japan recently counseled regional banks that hold massive amounts of Japanese government bonds to shorten the maturity of their holdings to reduce their interest rate risk. The FT reports.
Ed Ponsi, Managing Director, Barchetta Capital Management says Japan cannot afford to have the USD/JPY under 80 any longer, and that there won't be a lot of dissent if there was to be a change of Bank of Japan's laws.
Alastair Newton, Senior Political Analyst, Nomura says that even if the LDP wins next month, it will still have trouble pushing through any laws to change the BOJ as Abe will not have a majority in the upper-house, and will need a 2/3 majority in the diet.
The political squabbles are continuing as the fiscal cliff approaches, but this strategist has a trading plan.
It's not easy figuring out whether investors are short the yen, or by how much. But this pro has a way to decipher the currency's prospects.
The FMHR crew shares the names of potential "special dividend" issuers. Also, a currency play on the U.S. dollar against the Japanese yen, with Kathy Lien, BK Asset Management.
CNBC's Rick Santelli breaks down the latest numbers on unemployment and the U.S. economy, with CNBC's Steve Liesman.
The euro hangs on fiscal cliff news and the pound feels pressure from rating cut worries — it's time for your FX Fix.
Gareth Berry, FX Strategist, UBS Investment Bank says EUR/USD will fall gradually to 1.25 over the next few months due to improving U.S. data.
CNBC's Gary Kaminsky takes a look at where to make money in the Japanese market.
Aid to Spain eases that country's pain but Greek drama still weighs on the euro — it's time for your FX Fix.
Magic tricks and straight answers are all part of being Santa in Japan - at least according to Tokyo's Santa Claus Academy, which trains St. Nicks in a country with little Christian tradition and a Christmas that's far more retail than religion.
Manpreet Gill, Senior Investment Strategist at Standard Chartered, says he doesn't believe the BOJ will roll out any easing moves in the near term regardless of the outcome of the Japan elections.
The Bank of Japan should expand its quantitative easing and keep interest rates virtually at zero until 1 percent inflation is achieved, so as to help ensure an escape from nagging deflation, the OECD said on Tuesday.
The euro awaits Greek aid and the Bank of Japan has some new doves — it's time for your FX Fix.
Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.
The Greek drama plays on and the Brazilian real crosses a line — it's time for your FX Fix.
Sean Darby, Global Head of Equity Strategy, Jefferies says that the Bank of Japan is stuck in a corner and it has to act on monetary policy to appease the population.
Song Seng Wun, Regional Economist, CIMB-GK Research,CIMB thinks Asian currency appreciation could still be a major theme next year if growth holds up. He breaks down the potential rivalry between the KRW and JPY.
Nick Verdi, Director of FX Strategy Asia Pacific ex-Japan, Barclays, says Japan's elections will continue to drive the yen in the near term, but U.S. fundamentals will be the real push to take dollar-yen to the 86 level.