As U.S. dollar stumbles, Japanese yen is ‘hottest story in town’. Here’s why.

It’s the comeback currency. The Japanese yen, among the world’s worst-performing major currencies in 2022, roared back to a seven-month high versus a now-reeling U.S. dollar on Friday, as traders bet ...

Equity funds suffer largest ever weekly outflows: BofA Global

Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates in mid-December and...

Why the Bank of Japan’s surprise policy twist is rattling global markets

Anchors aweigh? The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointi...