The Bank of Japan intervened to boost the weakening yen, causing it to recover 3% before falling to 156.80. This negatively impacted Japanese equities.
Higher rates could knock Japan into recession, says former IMF economist Blanchard
Japan would face "a fairly strong" recession if it were to raise interest rates, Olivier Blanchard, former chief economist at the International Monetary Fund, said on Monday.
Bank of Japan allegedly intervened in the FX market following Yen’s sharp gain against the U.S. Dollar
The Bank of Japan’s Japanese yen has demonstrated strange behavior in the FX market today, raising eyebrows among FX traders. The Japanese yen swung ...
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Did Japan’s central bank intervene in the currency markets after the yen hit a 34 year low? ‘No comment for now’
From Melbourne to Tokyo, market participants were scrambling to trade and make sense of swings in Japan’s embattled currency.
Why Japanese Yen Strengthens Sharply Against US Dollar (USD), Shocks Crypto & Stocks
Crypto and stocks eye recovery as a possible government intervention saw a dramatic recovery in Japanese yen (JPY) against US dollar (USD).
Buy This Crypto if You Want to Risk-Proof Your Portfolio, According to Billionaire Paul Tudor Jones
Billionaire hedge fund investor Paul Tudor Jones thinks so. As he surveys the current geopolitical and macroeconomic environment, he's looking at both gold and Bitcoin ( BTC -2.30%) as potential ...
Japan’s top FX diplomat Kanda says cannot overlook ‘speculative’ yen moves
Japan's top currency diplomat, Masato Kanda, said on Monday current developments in the exchange-rate market were "speculative, rapid and abnormal", and that they could not be overlooked.Kanda decline
Bitcoin Falls to One-Week Low as the 2024 Crypto Revival Stalls
Bitcoin and the wider crypto market retreated on Monday, with some speculators on edge ahead of a Federal Reserve meeting this week that may point to higher-for-longer interest rates.
Which Australian universities are the best for engineering, technology and other areas of study?
Australia's universities are among the top worldwide institutions, delivering world-class education to overseas students.
Japan’s proposed export curbs will impact normal trade, China says
The export controls proposed by Japan related to semiconductors will seriously affect normal trade between Chinese and Japanese enterprises, China's commerce ministry said on Monday. China urged Japan ...
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.
Asia markets mostly set to rise as Fed meeting looms; Japan and China economic data in focus
marking the highest level since May 10, 1990, when the dollar traded as high as 157.21 against the yen. Japan's benchmark Nikkei ended the week up 2.34% for its best week since March 22, when the ...
Japan’s ruling party loses all 3 seats in special vote, seen as punishment for corruption scandal
Japanese Prime Minister Fumio Kishida’s governing party appears to have lost all three seats in Sunday’s parliamentary by-elections.
X ‘End Goal’ Revealed After Elon Musk Teased A Crypto Payments Bombshell That Could Blow up The Price Of Bitcoin, Ethereum, XRP And Dogecoin
An executive at Musk's social media company X has revealed the platforms payments "end goal" that could play havoc with the bitcoin price and wider crypto ...
User Verification In Crypto: A Path Toward Or Away From Security?
Examine the implications of KYC in the crypto world, from heightened security risks to clashes with the principles of anonymity and decentralization.