USD/JPY Forecast Video for 13.03.23 US Dollar vs Japanese Yen Technical Analysis The US dollar initially tried to rally during the trading session on Friday but gave back gains as the Non-Farm Payroll...
Tag: Yen
China Won’t Be Happy As Race To 150 Yen Resumes
Bank of Japan (BOJ) Governor nominee Kazuo Ueda speaks during a hearing at the lower house of parliament on February 24, 2023 in Tokyo, Japan. Tomohiro Ohsumi/Getty Images Yen bulls are feeling a sudd...
Digital Yen in Its Final Phase: What Does this Mean for Crypto?
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva stated: “Crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). If CBDCs ...
Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year – Bitcoin News
The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained ...
Japan Is Set to Launch Digital Yen (CBDC) Pilot in April
Join Our Telegram channel to stay up to date on breaking news coverage On Friday, Japan’s central bank announced that it will begin a pilot program in April to test a digital yen. This is part of a gl...
Japan to conduct a pilot program for circulating digital yen
Japan’s central bank announced on Feb. 17 that a pilot program to evaluate the usage of a digital yen would begin in April. The country joins a growing list of nations attempting to overtake leading C...
Japan to launch CBDC pilot program for issuance of digital Yen
Ad Bank of Japan director Uchida Shinichi said that the apex bank would launch a central bank digital currency (CBDC) pilot program to test the use of digital yen from April. The Bank of Japan launche...
USD/JPY Weekly Forecast – US Dollar Building a Base Against the Japanese Yen
USD/JPY Forecast Video for 13.02.23 US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar has gapped higher to kick off the trading week on Monday, and then spent the rest of the week fill...
Traders Face Geopolitical, Jobs Hurdles; Yen Drops: Markets Wrap
(Bloomberg) — The trading week opens in Asia with a mixed message from equity futures, along with headwinds from an unexpectedly strong US jobs report and the downing of an alleged Chinese spy b...
Equities Stall; Dollar Gauge Weaker Despite Yen: Markets Wrap
(Bloomberg) — European stocks and U.S. equity-index futures gave up their gains as investors remained on the edge over the direction of monetary policy and corporate earnings. The yen tumbled ag...
Andy Yen Is in Favor of Crypto Regulation
Andy Yen is the CEO and co-founder of Proton, a privacy-centered organization that seeks to provide a whole new (autonomous) version of the Internet. Yen Wants to See Change in the Crypto Space In a r...
Asian Stocks, Yen Retreat Ahead of BOJ Meeting: Markets Wrap
(Bloomberg) — Asian stocks and US equity futures slid as traders digested data that showed China’s economy growing at the second slowest pace since the 1970s. Most Read from Bloomberg An Asian e...
Yen Option Cost Jumps to Three-Year High on BOJ Surprise Concern
(Bloomberg) — The cost to hedge against volatility in dollar-yen over the coming week has risen to the highest level in almost three years as traders brace for any more Bank of Japan surprises o...
Dollar Declines, Yen Gains; Equities Erase Advance: Markets Wrap
(Bloomberg) — The dollar declined while stocks traded mixed as investors weighed expectations for easing inflation that have fueled January’s rally in riskier assets. Most Read from Bloomberg Th...
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 ...
Stocks Fall After Fledgling Rally, Yen Strengthens: Markets Wrap
(Bloomberg) — US and European equity futures fell and shares across Asia dropped on Tuesday in a sign that further pain lies ahead after global stocks tumbled by a fifth last year. Most Read fro...
Yen Starts Year on Front Foot as Traders Eye Dollar Cliff Edge
(Bloomberg) — The yen started 2023 with modest gains Monday as traders weighed the risk of further technical strength amid thin holiday trading. Most Read from Bloomberg The Japanese currency cl...
ProtonMail Not Sure Whether to Hold BTC: Andy Yen
Andy Yen, Proton AG co-founder and CEO, has not yet confirmed whether his organization will continue to hold Bitcoin (BTC) or not. The company is known for its encrypted email services ProtonMail. Pr...
Speculators Slash Bets Against the Yen as BOJ Leaves Carry Traders Gasping
(Bloomberg) — The yen looks to be losing its appeal as the currency of choice to fund so-called carry trades, with speculators cutting bearish bets on it to the lowest level in nearly four month...
The Yen Helps Sumitomo Mitsui Financial Group Soar To New 52-Week Highs
Yen, Japan, Sumitomo Mitsui getty Reacting positively to Japan’s central bank’s move to changes in its funds rate, Sumitomo Mitsui Financial Group blasted upward to a new high for the year. As the yen...
Yen Surges on BOJ Shift; S&P 500 Futures Drop: Markets Wrap
(Bloomberg) — The yen strengthened as the Bank of Japan said it would let benchmark bond yields rise further. The unexpected decision sent Japanese stocks and US and European equity futures lowe...
Bank of Japan to Launch Digital Yen Pilot Program Next Year – Blockchain Bitcoin News
The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estima...
Berkshire Is Said to Sound Out Investors on Yen Bond Deal
(Bloomberg) — Investors are being sounded out by Warren Buffett’s Berkshire Hathaway Inc. about the sale of a potential multi-part yen bond offering, according to people with direct knowledge of...
Bank of Japan will test digital yen with three megabanks
Even though Japan is undecided if it would develop a central bank digital currency, the Bank of Japan (BoJ) is continuing to test out a digital version of the yen. This is the case despite the fact th...
Bank of Japan set to test virtual Yen, plans to utilize three giant banks – crypto.news
In 2026, the Bank of Japan (BOJ) intends to decide if it should launch virtual money. The apex bank is still testing a prospective virtual Yen amidst Japan’s uncertainties as to when to adopt a blockc...
Bank of Japan to trial digital yen with three megabanks
Despite Japan’s uncertainty on whether to issue a central bank digital currency (CBDC), the Bank of Japan (BoJ) continues experimenting with a potential digital yen. The Japanese central bank has star...
Japan’s central bank to issue experimental digital yen in early 2023
The Japanese central bank will begin experiments with a proof-of-concept digital yen early next year, Nikkei reported. The Bank of Japan will work with several unnamed financial institutions to...
Japanese Yen Risks Being Rebranded As The ‘Peso’
Haruhiko Kuroda has the Bank of Japan standing pat while central bankers virtually everywhere else are boosting interest rates. MARTIN BUREAU/AFP via Getty Images The deer-in-the-headlights moment tha...
BOJ intervenes in the FX market again to support the yen – will it succeed?
The FX market‘s volatility has reached extreme levels in the last couple of trading days. On Friday, just a few hours before the market closed for the weekend, the Bank of Japan (BOJ) intervened again...
how low can the Japanese yen crash?
The USD/JPY price remained in an ascending pace as the recent Bank of Japan (BoJ) interventions failed to convince investors. It rose to a high of 149.26 which was slightly below this month’s high of...
Yen Falls To 32-Year Low Against The Dollar
It’s one of the many effects of the rise in interest rates in the United States: The Japanese yen has fallen to a 32-year low versus the dollar. The government in Tokyo will not allow its 10-year yiel...
Gold Jumps as Japan Moves to Prop Up Yen Drive Down Greenback
(Bloomberg) — Gold surged as Japanese authorities intervened to prop up the yen, further driving down the greenback and increasing the appeal of the precious metal. Most Read from Bloomberg Bull...