Japan’s Economy to Benefit from Weak Yen, IMF
Nada Choueiri, the chief of the International Monetary Fund’s Japan mission, stated to Reuters on Friday that a weaker yen is advantageous for Japan’s economy, as the increase in exports
Nada Choueiri, the chief of the International Monetary Fund’s Japan mission, stated to Reuters on Friday that a weaker yen is advantageous for Japan’s economy, as the increase in exports
With elections coming up in the US and Japan soon, Citigroup examines the expected moves of the USD/JPY pair, which has been trading erratically recently.After opening the week at a
The week leading up to October 2 saw significant inflows into global money market funds as investor apprehension ahead of an important U.S. payrolls report and elevated geopolitical tensions in
Key PointsNonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.The unemployment rate fell to 4.1%, down
The U.S. dollar index (USDX) is a metric that quantifies the value of the U.S. dollar in reference to a basket of foreign currencies. The U.S. Federal Reserve established the
At the moment, the USD/JPY pair is trading in a narrow range as investors try to make sense of different factors. The pair has found support from an overall positive
Foreign investors, who contribute to 70% of the trading value in Japanese stocks, have been at the forefront of the recent downturn in share prices since early July. According to
The Bank of Japan’s recent decision to halt interest rate hikes has sent ripples through financial markets, exerting pressure on the Japanese Yen. This policy choice reflects the BOJ’s
The Japanese yen rose versus the dollar, as the flight to safety ensured that investors were seeking a haven in the face of growing volatility in the global markets. Fears