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    • Dollar lower after US jobs data little changed, jawboning supports yen

      The dollar index rose to 105.1 on Tuesday, its highest level since Nov. 14, adding to sharp gains on Monday after U.S. data unexpectedly showed the first expansion in manufacturing since September 2022.

    • Yen slides 1.9% from 2-week high after BOJ sticks to stimulus

      The dollar index, which measures the currency against six peers including the yen, rose 0.23% to 104.12, after slipping to the lowest since June 10 at 103.41 overnight

    • Global mkts mixed; green Nifty opening seen today

      Globally, the US markets closed the trading day at 15-year highs after the US Federal Reserve Chairperson Janet Yellen said the central bank will remain patient on rate hikes.

    • Rupee best pick among EM currencies: Deutsche Bk

      The dollar-yen has run out of steam, which is giving support to emerging market currencies, says Sameer Goel, head of Asia rates and currency research at Deutsche Bank.

    • StanChart Bank expects weaker yen going forward

      Steve Brice, Standard Chartered Bank believes that Nikkei has been performing extremely well for an extended period, without any pause or break.

    • May: The month dollar-yen finally breaks 100?

      April just wasn`t meant to be the month for the dollar to push decisively above 100 yen. Perhaps May will be, given hopes of stronger US economic news after Friday`s upbeat payrolls data, currency analysts said.

    • Yen headed for another 10% drop: Daryl Guppy

      The dollar-yen, which is trading at multi-year highs has spent several weeks consolidating near the 95 level. The breakout above 95 has an upside target near 102.

    • Limited upside for dollar-yen beyond 84: Charts

      The dollar-yen chart shows a high degree of success in the Japanese central bank defense of 76 yen as a support level.

    • Mecklai Graph of the Day - Rounding Bottom in Dollar-Yen

      Mecklai Graph of the Day - Rounding Bottom in Dollar-Yen

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