yen

Hedge funds have reportedly unwound long dollar-yen trades after the U.S. Federal Reserve hinted the pace of prospective hikes could be slower. Price Movement: From a low of 137.46 against the dollar yesterday, the yen rose to the 135.11 mark on Thursday morning in Asia to hit a three-week...

The Japanese yen fell to a seven-year low of 125 against the US dollar on Monday as the Bank of Japan continued easing its monetary policy further widening the gap with the US Federal Reserve’s hawkish tone. But instead of seeing it as a threat to the Japanese economy, the BOJ...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex USD/JPY is growing on Monday and trading at 114.24. The latest comments from the Japanese government are really worth paying attention to: the country’s authorities approved a new stimulus package to support the economy worth ¥79 trillion...

Major Japanese cryptocurrency exchange bitFlyer announced that it would allow US-based customers to access its Yen-Bitcoin trading pair. What Happened: BitFlyer U.S.A. announced today at Bitcoin 2021 conference that American customers will be able to tap into the world's...

As China and the United States forced each other’s consulates to close in key cities, investors flocked to safe-havens, driving gold prices to a record high, while market sentiment remained mixed in Asia on Monday. Safe Havens, Bitcoin Extend Gains Spot gold traded a record 1.75% higher at...

The U.S. Dollar Index, which measures the value of the U.S. dollar against a basket of foreign currencies, has gained about 3.2 percent year-to-date through Oct. 11.  This is where the greenback stands year-to-date against other major currencies: Euro: +3.4 percent Pound: +2.1 percent...

Currencies are a popular investment class that allow for speculation on price movements, just like bets on other asset classes. Foreign exchange, or forex in short, is a decentralized global market where currency pairs are traded. Currency trading takes place electronically over-the-counter across...

Vexing currency market observers, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is down 8.4 percent year to date. That is an arguably stunning decline when considering the Federal Reserve has boosted interest rates twice this year. UUP, the exchange-traded fund proxy for the U.S....

The world's biggest pension fund is now 7.9 trillion yen richer ($70 billion) richer. Japan's Government Pension Investment Fund earned a 5.9 percent return for the one-year period ended March 31, Bloomberg reported. The fund now holds 144.9 trillion yen worth of assets, including Japan-...

The Federal Reserve raised interest rates earlier this week, marking the second time this year that the U.S. central bank has boosted borrowing costs. That move by the Fed has helped the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP), widely viewed as a dud this year among developed market...