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
The pound falls–is this the next trade in the currency wars?
Is sterling next up in the currency wars? The pound hit a new 7-month low against the dollar today. The biggest driver comes from a change at the top of the Bank of England where Mark Carney will be more willing to tolerate higher inflation than his predecessor
Yen resumes its decline after a toothless G20 announcement
The New York stock markets are closed today but there was big action in Tokyo overnight. The Japanese yen resumed its decline, falling 0.5% against the U.S. dollar to 93.92 to the dollar. Japanese stocks moved up in reaction with the Nikkei 225 Index gaining 2.09%
Saturday Night Quarterback says, For the week ahead expect…
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...Japan puts its weak yen policy on hold–for a few days
As expected, the Bank of Japan decided to lie low today ahead of tomorrow’s meeting of leaders of the G20 economies. Japan’s central bank kept interest rate policy steady, didn’t increase its asset purchases, and didn’t pour any verbiage on the currency wars fire.
G7, G20, whatever…the yen will get weaker
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...Saturday Night Quarterback says, For the week ahead expect…
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...Japan’s Aso talks up the yen before next week’s meeting of G20 leaders
Traders are using comments by Japanese Finance Minister Taro Aso that the yen has fallen too fast as a reason to take profits in Japanese stocks today. The target of Aso’s comments is next week’s meeting of the leaders of the G20
Profiting from combatants and noncombatants in the currency wars
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...Want to take advantage of a falling yen? Think Toyota Motor
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...The yen goes back into retreat
The Japanese yen hit a two-and-a-half year low against the U.S. dollar today on news that Masaaki Shirakawa, the governor of the Bank of Japan, is stepping down from his post on March 19, a month early. That will give Prime Minister Shinzo Abe an earlier than expected chance to put a candidate committed to his strategy of weakening the yen in control of Japan’s central bank.
Bad news on trade and deflation in Japan is good news for shares of Japanese exporters
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...Jim’s Stock Alerts
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