Yen

The yen sank 1.5% to 149.73 yen on the dollar, its biggest one-day slide since May 12

Dollar firms ahead of deluge of Fed speakers

Currency moves in the early Asia session were more subdued after a volatile ride last week following a raft of rate decisions including that of the Fed, the Bank of England and the Bank of Japan

Asia stocks pause after rally; yen gains on Scott Bessent's comments

The MSCI Asia Pacific Index fell 0.2% as Japanese stocks slid 1.1%

Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks

Against the yen, the dollar was down 0.06% at 154.33, not far off Wednesday's high of 154.80 hit as U.S. Treasury yields climbed following inflation reading.

Dollar slumps to 8-week low vs yen as trade war risk recedes

Japan's currency was also supported by rising expectations for further Bank of Japan interest-rate hikes with a central bank official advocating continued rate hikes, a day after strong wage data.

A yen for carry trades that never left the markets is vexing everyone

Yen carry trades are back but is another unwinding around the corner?

Dollar pinned down by 50 bp Fed cut bets

The euro rallied overnight to $1.1138 and traded around there early in the Asia session, not far from the year's high against the dollar of $1.1201.

Yen rally is a lesson in the lost art of FX intervention

Japan stepped in at key moments, showing that governments do have agency even when battling huge markets

Dollar sinks vs yen, hovers near 2-1/2-year low to sterling after Fed's dovish shift

The U.S. currency hovered near its lowest in 13 months against the euro. It also sagged closer to levels last seen in March 2022 versus sterling, with Bank of England head Andrew Bailey's comments that it was "too early to declare victory" over inflation signaling a less aggressive stance on interest rate cuts than the Fed.

Yen's slide, potential Middle East escalation to drive market sentiment; focus on US, India CPI inflation data

Global markets to be influenced by key data releases, the unwinding of the Yen carry trade, and escalating geopolitical tensions in the Middle East, with potential conflicts involving Israel and Iran posing significant risks to investor sentiment.

In 8 charts: Which segment of Indian market would be worst hit from unwind of yen-carry trade?

A recent report from Elara Capital captured the exposure of the Indian equity markets to the trade and the extent of damage the unwinding can cause

US dollar strengthens amid falling jobless claims, yen plunges as BOJ signals rate hike unlikely

The dollar saw its biggest gains against the yen, which had dropped sharply earlier in the week amid uncertainty over Japanese monetary policy.

Which came first—yen carry trade unwinding or equity selloff?

The leap in the yen and fall in higher-yielding currencies suggests that the dollar-yen carry trade and some of these other yen carry trades really did unwind

Japan triggers a tsunami in the market, but is it powerful enough to continue?

The Japanese Yen is not the only concern troubling the market. Disappointing economic data from the US and the growing risk of further escalation in the Middle East compound the issues

Yen sheds 1% as carry trade unwinding leaves currency markets on edge

Global carry trades unwinding has also been boosting the Japanese currency and jolting markets around the world.

Yen snaps five-day gain, weakens versus dollar in choppy trading

The currency then clawed back much of the intraday loss amid choppy trading and was down 0.6% at 145.02 as of 9:58 a.m. in Tokyo.

Flashback: When yen carry trade unwinding worsened the 2008 global market meltdown

As uncertainty and volatility in financial markets surged, investors sought to reduce exposure to risky assets, including those financed through carry trades.

Yen scales 7-month highs as US slowdown fears weigh on markets

The yen is up 10 percent against the dollar in just over 3 weeks, driven by Bank of Japan's large 15 basis points rate rise on July 31 to 0.25 percent.

Japanese yen, Swiss franc trade high over US slowdown fears

The yen traded around 0.2 percent stronger at 149.085 per dollar, after popping as high as 148.51 overnight for the first time since mid-March.

World Street | Tesla tanks, Biden super charges EVs, Yen firms up, and more

From Tesla postponing its robotaxi reveal to October, extending development time, causing an 8.4 percent stock drop to the Yen firming against the dollar, here's a look at some of the major developments from across the world.

Euro rises after France's first-round vote, yen struggles

Marine Le Pen's far-right National Rally (RN) party won the first round of France's parliamentary elections on Sunday, exit polls showed, although analysts noted the party won a smaller share of the vote than some polls had initially projected.

World Street | Nvidia to deploy AI tech in Middle East; Yen under pressure; China, EU to discuss tariffs on EV imports; Meta-Apple AI integration, and more

From Japanese Yen remaining under pressure; Mitsubishi Heavy Industries is nearing the design completion of its next-gen nuclear reactor to Nvidia's plans to deploy AI technology in the Middle East, here's a look at recent business developments around the world.

World Street | Apple announces record $100 bn buyback; Coinbase turns black in Q1; Yen carry trades trouble; and more

From Apple's quarterly earnings beat, record $110 billion buyback to Sony Pictures' interest in acquiring Paramount Global, here's a look at recent business developments around the world.

Stocks in Asia rise, yen wobbles after volatile start to week

By Ankur BanerjeeSINGAPORE Asian stocks inched higher on Tuesday as investors awaited a slew of economic data, corporate earnings and the U.S...

The Eastern Window: Falling Yen, possible Yuan devaluation: What next?

World markets are anxiously watching the Japanese regulators and the US Federal Reserve as the Yen is falling continuously and there are signs of a possible devaluation of the Chinese Yuan. The question is whether it would affect broader markets and other countries, including India