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  • Yen Strength

    Europacifica Consulting's Naomi Fink says larger firms are seasoned hedgers and are also able to manufacture and retain income abroad.

  • *Yen weaker on talk of further Bank of Japan easing. *Dow, S&P 500 higher in choppy trade, Nasdaq off 0.4 pct. NEW YORK, May 12- The yen lost ground against the U.S. dollar on Thursday amid speculation Japan could expand its monetary stimulus soon, while a drop in Apple shares weighed down the Nasdaq.

  • NEW YORK, May 12- The yen lost ground against the U.S. dollar on Thursday amid speculation Japan could expand its monetary stimulus soon, while a drop in Apple shares weighed down Wall Street. Treasury prices fell before the government was due to sell $15 billion in new long-dated bonds. "This week there is a lack of big macro news, so the market is hunting around for...

  • SINGAPORE, May 12- The dollar rose against the yen on Thursday due to position squaring, getting an added lift after a Japanese academic said the Bank of Japan was likely to expand its monetary stimulus as soon as next month. Ito is a prominent academic with close ties to Bank of Japan Governor Haruhiko Kuroda. The dollar had set an 18- month low of 105.55 yen on May 3,...

  • *Dollar faces resistance in 109.30- 40 yen area. SINGAPORE/ TOKYO, May 12- The dollar edged higher against the yen on Thursday with traders citing position-squaring by short-term players, although doubts over global growth prospects continued to cloud the greenback's outlook. But analysts believe Japan will be wary of intervening before it hosts a Group of 7...

  • TOKYO, May 12- Japanese shares fell for the first time in four days on Thursday as appetite for riskier assets was hurt by a decline on Wall Street and dismal earnings and forecasts from Japan Inc.. "The strength of the yen against other G7 currencies continues to be a concern," said Martin King, co-managing director at Tyton Capital Advisors. "We're beginning to see...

  • TOKYO, May 12- The dollar struggled to hold its own on Thursday after its rebound from a near 1-1/ 2- year low against a basket of currencies run out of steam, with doubts over global growth prospects hobbling the U.S. currency. It will be better than the first quarter but it doesn't look so strong, "said Makoto Noji, senior strategist at SMBC Nikko Securities.

  • *Wall St drops as Disney, Macy's earnings disappoint. NEW YORK, May 11- U.S. and European stocks retreated on Wednesday amid disappointing corporate earnings, while oil prices surged for a second day as data showed U.S. crude inventories fell unexpectedly last week. The yen rebounded 0.7 percent against the dollar, halting declines against the greenback as Japan...

  • *Wall St drops as Disney, Macy's earnings disappoint. NEW YORK, May 11- U.S. and European stocks stumbled on Wednesday after big gains a day earlier amid disappointing corporate earnings, while oil prices surged for a second day as data showed U.S. crude inventories fell unexpectedly last week. The yen rebounded 0.7 percent against the dollar, halting declines...

  • NEW YORK, May 11- U.S. and European stocks stumbled on Wednesday after big gains a day earlier amid disappointing corporate earnings, while the U.S. dollar was set to snap a six-session rally. The yen rebounded 0.6 percent against the dollar, halting declines against the greenback as Japan has threatened to intervene on its currency. "There was no one real catalyst...

  • Toyota projects 35 percent profit drop

    The automaker expects the stronger yen to impact its earnings figures for the current year.

  • Dollar losing value, falling off cliff, money, USD

    Following disappointing jobs data last week and the ensuing uptick for the greenback, Goldman Sachs has said the dollar has reached a bottom from the perspective of the U.S. Federal Reserve.

  • *Assumes dollar to average 105 yen this FY vs 120 yen last year. The Japanese automaker said on Wednesday profit for the year ending in March 2017 will fall to 1.5 trillion yen from 2.31 trillion yen in the prior year, far short of the average 2.25 trillion yen for the current year estimated by 28 analysts, according to Thomson Reuters I/B/E/S. For the current year,...

  • TOKYO, May 11- U.S. policymakers are "pretty clear" in their views that Japan should refrain from any steps to intentionally weaken the yen, such as intervention in currency markets, a key economic adviser to Prime Minister Shinzo Abe said on Wednesday. "U.S. authorities have been pretty clear in their views that they don't want Japan to do anything to weaken the yen...

  • *Assumes dollar to average 105 yen this FY vs 120 yen last year. The Japanese automaker said on Wednesday profit for the year ending in March 2017 will fall to 1.5 trillion yen from 2.31 trillion yen in the prior year, and far short of the average 2.25 trillion yen for the current year estimated by 28 analysts, according to Thomson Reuters I/B/E/S.

  • *Assumes dollar to average 105 yen this FY vs 120 yen last year. TOKYO, May 11- Toyota Motor Corp forecast on Wednesday a bigger than expected 35 percent tumble in net profit for the current year, snapping three straight years of record profit, hit by a sharp appreciation in the yen. Toyota said it was assuming the dollar would average 105 yen this year, versus a far more...

  • TOKYO/ SYDNEY, May 11- The dollar dipped on Wednesday as investors locked in gains following its steep rise against the yen after intervention warnings from Japanese officials. However, it remained well above a 15- month trough of 91.919 set on May 3. Both currencies had suffered losses in late April when the Bank of Japan held off from expanding monetary stimulus,...

  • TOKYO, May 11- Japan's Nikkei share average rose for a third day in volatile trade on Wednesday morning as the weak yen helped overall sentiment, while index-heavyweight SoftBank Group Corp soared on strong earnings. The dollar climbed as far as 109.38 yen, pulling further away from an 18- month trough of 105.55 set last week. At 02:25 GMT, the dollar stood at 108.67...

  • TOKYO, May 11- Asian stocks pulled away from eight-week lows on Wednesday, a day after solid corporate earnings sparked a rally in global equities while the yen struggled amid intervention warnings from Tokyo in the wake of the currency's rapid rise. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent in early trade, recovering from...

  • SYDNEY, May 11- The yen stayed on the defensive early on Wednesday, following two sessions of steep declines after Japanese officials stepped up their warning about intervening to weaken the currency. The unwelcome currency strength prompted a string of Japanese officials to warn about taking action, the latest being Koichi Hamada, a key economic adviser to...