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Currencies Japanese Yen

  • A local investor watches the share-prices index display at a stock brokerage in Shanghai.

    "Until investors know the extent of the damage and nuclear fallout in Japan, the only certainty in the capital markets is that uncertainty will prevail," one strategist says.

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    While we await the outcome of the nuclear disaster in Japan, we could be witnessing a structural change in the global financial markets.

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    The emotional investor roller coaster is on hyperdrive as the nuclear situation in Japan remains unknown. With 2011 gains wiped out and now the Yen soaring the markets wait to see if the central banks will intervene.

  • Traders point to Japanese investors repatriating assets as a significant cause of the yen's dramatic rise. Really?

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    This week's market action has left a lot to be desired. But given everything that is going on, we should probably be thankful. After falling some 4-5% from its recent highs, the S&P 500 remains in positive territory for the year.

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    The yen rocketed to a postwar high against the dollar late Wednesday, and the market's showing little sign of calming today. It's time for your FX Fix.

  • Nuclear Power Plant

    As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.

  • Yen coins and banknotes

    It was a mixture of historical technical levels and algorithmic trading that rocketed the yen to an all-time high of 76.25 against the dollar Thursday, according to Thanos Papasavvas, head of currency management at Investec Asset Management.

  • An official in a full radiation protection suit scans an evacuated elderly woman with a geiger counter to check radiation levels in Koriyama city in Fukushima prefecture.

    Here's what you should be watching Thursday, March 17.

  • A Rescue worker wipes his forehead after carrying a body from the rubble of a village destroyed by the devastating earthquake March 16, 2011 in Kesennuma, Miyagi province, Japan.

    The world economy is still very fragile and the impact of the Japanese earthquake and the nuclear crisis is distressing, Stephen Roach, non-executive chairman at Morgan Stanley, Asia, told CNBC in an interview.

  • Fukishima nuclear reactor explosion.

    The complexity and uncertainty surrounding Japan's nuclear crisis has created a great divide between investors who are now running from risk and those who think they can ride it out.

  • 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.

  • The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country. Japan's 9.0 magnitude earthquake is a rare event, according to the US Geological Survey (USGS). Globally we experience an average of only one earthquake above an 8.0 magnitude each year. This, of course, varies from year to year, with the most recent examples being four 8.0+ magnitude earthquakes in 2007 and zero in 2008.

    The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.

  • 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.