Euro near 11-mth high as crisis fears fade, yen soft
TOKYO, Jan 28 (Reuters) – The euro held near an 11-month
high against the dollar on Monday on mounting signs of economic
confidence recovering in Europe, while the yen slipped to a
2-1/2-year low versus the dollar on expectations of more
monetary easing in Japan.
Data on Friday showed European banks are repaying more than
expected of the emergency loans they borrowed from the European
Central Bank (ECB) during the debt crisis, demonstrating their
growing confidence.
Euro buoyed as crisis fears fade, yen falls
TOKYO, Jan 28 (Reuters) – The euro was buoyed near an
11-month high against the dollar on Monday on mounting signs of
recovering economic confidence in Europe, while the yen slipped
to a 2-1/2-year low versus the dollar on expectations of more
monetary easing in Japan.
Data on Friday showed European banks are repaying more than
expected of the emergency loans they borrowed from the European
Central Bank (ECB) during the debt crisis, in a sign of their
growing confidence.
JGBs bolstered after BOJ easing, 5-year yield hits record low
TOKYO, Jan 22 (Reuters) – Japanese government bonds rose on
Tuesday and the five-year bond yield hit a record low after the
Bank of Japan announced it would commit itself to open-ended
asset buying and doubled its inflation target to 2 percent.
But longest maturities remained under pressure, with 20- and
30-year bond yields rising, hurt by concerns about the long-term
impact of such bold money-printing and Japan’s ever-increasing
public debt.
JGB gains as steepening trade unwound ahead of BOJ
TOKYO (Reuters) – Long-dated Japanese government bond prices gained on Monday, ahead of the Bank of Japan’s policy announcement, as players took profits on their bets the yield curve would steepen.
Traders said some market players seem to be worried the BOJ may not live up to unusually big market expectations for its two-day policy meeting ending on Tuesday, an outcome that is likely to hurt share prices and benefit low-return bonds.
Yen steadies off 2 1/2-year low ahead of BOJ decision
TOKYO, Jan 21 (Reuters) – The yen hit a 2-1/2 year low
against the dollar before quickly bouncing back on Monday as
traders braced for the outcome of a Bank of Japan meeting that
is expected see the central bank commit to an aggressive
reflationary policy.
Under political pressure to pull the country out of
deflation, the BOJ is expected to unveil a raft of policy steps
including further quantitative easing and setting a 2 percent
inflation target at its two-day meeting that ends on Tuesday.
Yen bounces off two and a half-year low ahead of Bank of Japan verdict
TOKYO (Reuters) – The yen plunged into a fresh 2-1/2 year low against the dollar before quickly bouncing back on Monday as traders nervously braced for a Bank of Japan meeting that could see the central bank commit to an aggressive reflationary policy.
Facing relentless political pressure to pull the country out of deflation, the BOJ is expected to unveil a raft of policy steps including a 2 percent inflation target at its two-day meeting that ends on Tuesday.
Yen bounces off 2 1/2-year low ahead of BOJ verdict
TOKYO, Jan 21 (Reuters) – The yen plunged into a fresh 2-1/2
year low against the dollar before quickly bouncing back on
Monday as traders nervously braced for a Bank of Japan meeting
that could see the central bank commit to an aggressive
reflationary policy.
Facing relentless political pressure to pull the country out
of deflation, the BOJ is expected to unveil a raft of policy
steps including a 2 percent inflation target at its two-day
meeting that ends on Tuesday.
Yen rises for second straight day, euro stung by Juncker
TOKYO, Jan 16 (Reuters) – The yen rose for a second day on
Wednesday after a Japanese cabinet minister warned of the
potential harm of excessive yen weakness, while the euro slipped
after a European official complained about its recent gains.
Traders unwound bearish positions in the Japanese currency
after Japan’s Economics Minister Akira Amari cautioned on
Tuesday that excessive yen weakness could boost import prices,
hurting people’s livelihood.
Yen extends gains for second day, euro stung by Juncker
TOKYO, Jan 16 (Reuters) – The yen extended its gain for the
second day on Wednesday after a warning about its excessive
weakness by a Japanese cabinet minister while the euro also
slipped after a top European official complained about its
recent gains.
Traders unwound bearish positions in the Japanese currency
after Japan’s Economics Minister Akira Amari cautioned on
Tuesday that excessive yen weakness could boost import prices,
hurting people’s livelihood.
Yen rebounds on Japan Amari’s remarks, dollar struggles after Fed
TOKYO, Jan 15 (Reuters) – The yen rebounded from a
2-1/2-year low on Tuesday after Japanese Economics Minister
Akira Amari’s remarks that excessive yen weakness could have a
negative impact on the country sparked profit-taking in heavy
bets against the Japanese currency.
The dollar was also weighed down by comments from the head
of the Federal Reserve suggesting the U.S. central bank was in
no hurry to withdraw monetary stimulus from the world’s biggest
economy.
