U.S., Japan see current dollar-yen rate mirrors fundamentals
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14hon MSN
TOKYO (Reuters) - Nearly two-thirds of Japanese firms want the Bank of Japan to temporarily pause interest rate hikes as U.S. President Donald Trump's tariff policies raise pressure on earnings, a Reuters poll showed on Thursday.
The USD/JPY forecast is bearish, suggesting increasing demand for the safe-haven yen amid fiscal concerns in the US.
Will USD/JPY break 145? Japanese trade terms worsen and Fed speakers take the stage, keeping investors on alert for new policy and price signals.
Tokyo stocks ended lower Wednesday as some exporter shares were sold on a firmer yen, with investors wary about the currency's furthe
The dollar fell against a broad swathe of currencies on Wednesday, undermined by worries about the Trump administration's tax cut and spending bill, as well as a weak 20-year Treasury bond sale that reinforced a growing view that investors are shying away from U.
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The 40-year yield is still below the US 30-year Treasury yield, which earlier today briefly flirted with 5.0% again. Click to read.
The Japanese yen was strengthening against the U.S. dollar early Tuesday, as the sight of 30-year Japanese government bond yields at their highest since 1999 highlighted the trend of contracting rate differentials between the two countries.
Japan's Norinchukin Bank on Thursday reported a net loss of 1.81 trillion yen ($12.63 billion) for the year ended March 2025 as it sold off its portfolio of U.S. and European government bonds.
US Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato did not discuss foreign exchange levels during a meeting in Canada, according to a statement from the Treasury Department. The news sent the yen lower.