Currencies Japanese Yen

  • TOKYO, Jan 18- The dollar was firm against the yen on Friday as growing optimism on progress in Sino-U.S. trade talks supported broader appetite for risk. "The reaction of the market to the report shows the overall optimistic view spreading out across the foreign exchange market," said Masafumi Yamamoto, chief currency strategist at Mizuho Securities.

  • DOLLAR/YEN GAINS 0.5 PCT TO HIT 108.70.

  • *China Dec exports fall 4.4 pct yr/yr, biggest drop in 2 years. NEW YORK, Jan 14- A contraction in Chinese exports engendered fears of a slowdown in the world's second-largest economy, sparking a risk-off move Monday which hurt the U.S. dollar against the Japanese yen, a safe-haven investment in times of geopolitical turmoil. "We did see a move lower in dollar/yen...

  • *China Dec exports, imports unexpectedly drop. NEW YORK, Jan 14- World stock indexes fell while the yen rose against the dollar on Monday after a shock contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets. "The biggest theme is risk-off," said John Doyle, vice president of dealing and trading...

  • *China, U.S. agree to extend trade talks. NEW YORK, Jan 10- The dollar rallied from three-month lows on Thursday, extending gains against the euro and yen, after Federal Reserve Chairman Jerome Powell said the U.S. central bank intends to further shrink the balance sheet, suggesting it is not done tightening monetary policy just yet. Powell came across as cool and...

  • SINGAPORE, Jan 10- The dollar weakened versus major peers such as the euro and yen on Thursday due to growing expectations the Federal Reserve will pause its rate tightening cycle this year. Broader market sentiment turned slightly cautious in Asian trade as markets waited for concrete evidence that progress is being made in U.S.- China trade talks.

  • NEW YORK, Jan 4- The U.S. dollar rose against the yen and the euro on Friday after data showed U.S. job growth surged in December, which could help allay recent worries about the health of the economy that have roiled financial markets. The upbeat Labor Department employment report contrasted starkly with reports this week showing Chinese factory activity...

  • LONDON, Jan 4- A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge-- firing a warning shot for world markets and the global economy in 2019.. Japan's large current account surplus means global markets consider it a safe haven. The yen's roaring higher was a sign of just how widespread concern over the health of the global...

  • SINGAPORE, Jan 4- The safe-haven yen weakened versus the dollar on Friday on hopes upcoming U.S.- China trade talks would make some progress, but broader market confidence remained weak amid worries over slowing global growth. Market sentiment perked up after China confirmed that trade talks with the United States will be held at the vice ministerial level in...

  • SINGAPORE, Jan 4- The safe-haven yen weakened versus the dollar on Friday on hopes upcoming U.S.- China trade talks would make some progress, but broader market confidence remained weak amid worries over slowing global growth. Market sentiment perked up after China confirmed that trade talks with the United States will be held at the vice ministerial level in...

  • Heng Koon How of United Overseas Bank says the dollar-yen flash crash was caused by multiple factors including safe haven plays and "increasing noise" out of Tokyo that the Bank of Japan could lower its inflation target to 1 percent.

  • Strategist: Dollar-yen could test 100 level over 12 months

    Mazen Issa of TD Securities says the "major selling pressure" in the dollar-yen has largely passed, and it should move towards 105, which he sees as the "first major support level" for the currency pair.

  • LONDON, Jan 4- The onset of world financial market stress is usually heralded by the ringing of several alarm bells, few of them louder than a steep and rapid rise in the value of the Japanese yen. Little surprise, therefore, that the Japanese currency on Thursday had its best day since May 2017 after a flash crash in illiquid Asian trading briefly slammed the dollar...

  • "Clearly the Japanese yen is a beloved safe-haven asset when the globe seems to be in chaos," said Juan Perez, senior currency trader at Tempus Consulting, in Washington. "Things are consistent in Japan though overall economic growth and certainly inflation have been anemic, but their political situation is stable, they carry a current account surplus, and the rest...

  • LONDON, Jan 3- The yen rocketed higher on Thursday and is poised for its biggest daily rise in 20 months as growing concerns about the health of the global economy, particularly China, sent investors scurrying into the safe-haven of the Japanese currency. While the early slide was triggered by news of a rare cut in sales forecast by Apple in its latest quarter,...

  • *Apple cuts sales forecast on weakening China. *U.S.-dollar tumbles against Japan's yen. West Texas Intermediate crude oil futures were at $45.93 per barrel at 0152 GMT, down 61 cents, or 1.3 percent, from their last settlement.

  • *Apple cuts sales forecast on weakening China. *U.S.-dollar tumbles against Japan's yen. West Texas Intermediate crude oil futures were at $45.83 per barrel at 0120 GMT, down 71 cents, or 1.5 percent, from their last settlement.

  • SINGAPORE, Jan 3- The yen surged on Thursday through key technical levels as heightened worries about the global economy pushed investors to safe haven-assets in moves exacerbated by thin holiday volumes. Charging the risk averse mood was Apple Inc's move on Wednesday to cut its sales forecast for its latest quarter, on slowing iPhone sales in China.

  • SYDNEY, Jan 3- The Japanese yen soared in early Asian trading on Thursday as the break of key technical levels triggered massive stop-loss sales of the U.S. and Australian dollars in very thin markets. The dollar collapsed to as low as 105.25 yen on Reuters dealing, a drop of 3.2 percent from the opening 108.76 and the lowest reading since March 2018.

  • *China factory activity contracts, stoking economic fears. NEW YORK, Jan 2- Weak Chinese and European economic data weighed on stocks around the world and boosted safe-haven Treasuries and the Japanese yen on Wednesday, though Wall Street shares edged higher as investors took advantage of cheaper shares to ring in the new year. The Purchasing Managers' Index for...