I’d expect some consolidation in the yen in the days ahead
The yen fell another 1.7% against the U.S. dollar today to 99.23 to the dollar. The currency has now tumbled 6.2% since Thursday’s more aggressive than expected move by the Bank of Japan. The yen is now down 21.4% in six months.
Bank of Japan move crushes the yen
The Tokyo market, which had sold off yesterday on worries that new Bank of Japan Governor Kuroda might be timid in his first moves, rallied, climbing 2.2% overnight. With the massive program of bond buying certain to put downward pressure on Japan’s currency, the yen fell 3.23% against the dollar to 96.14
Mitsubishi UFJ–it’s not a bank; it’s a portfolio of stocks that will climb as the yen falls
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Bank of Japan looks set to move aggressively to weaken the yen next week
The new team in charge of the Bank of Japan has ratcheted up expectations for strong action to weaken the yen and increase inflation at the bank’s meeting on April 3 and 4.
Looking for investible trends? I see two–Japan and the United States–over the next few months
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Norway’s sovereign wealth fund continue to cut back on European holdings
Norway’s $713 billion sovereign wealth fund continues to move away from developed market debt and developed market currencies. The money that’s been coming out of developed markets has been flowing into emerging markets
March means volatility: Are you ready?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Tokyo soars on weaker yen, higher factory output
A perfect storm of positive economic data, a falling yen, and a the nomination of a new pro-stimulus governor for the Bank of Japan sent the Nikkei 225 index up 2.71% overnight. That has helped stock markets across Asia
Yen and euro down, gold up as market reflect post-election uncertainty
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Volatility everywhere–here’s how the pieces fit together post Italy’s election
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...In the currency wars the yen and pound resume their fall
The Japanese yen resumes its decline as Prime Minister Shinzo Abe looks close to making a choice for the new head of the Bank of Japan, and the British pound picks up speed in its drop
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