Dollar advances vs. yen
Digest more
The dollar index (DXY00 ) climbed to a 7-week high today and is up by +0.24%. Weakness in the yen is positive for the dollar, as it tumbled to a 2-week low today. Also, today’s +1% jump in WTI crude oil prices boosts inflation expectations and may prompt the
The Bank of Japan reportedly conducted rate checks in the currency market, signaling potential yen intervention while keeping $1.16 trillion in
A blistering rally in the Japanese yen ahead of an expected interest rate hike from the Bank of Japan next week is upending the long-established and lucrative carry trade, as investors rethink the path ahead for ​the volatile currency.
Global stocks were mixed Friday at the end of a week dominated by central bank moves to tame inflation as the yen retreated against the dollar despite a Bank of Japan interest rate hike.The Bank of Japan raised interest rates to a three-decade high,
The dollar lost some steam, particularly against the Japanese yen, as markets price in central bank decisions with an uncertain outlook.
It has been about a year since I started investing in high-dividend Japanese stocks.This year, I reached a milestone.My annual dividends have exceeded 120,000 yen, and the unrealized gains on my Japanese stock holdings have surpassed 650,