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The Japanese yen strengthened against other G-10 and Asian currencies on the prospects of a hawkish tilt to Bank of Japan’s Deputy Governor Himino’s speech this afternoon.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The Japanese Yen continues to draw support from the BoJ's hawkish interest rate hike on Friday. The divergent BoJ-Fed outlook and narrowing US-Japan yield differential favor the JPY bulls.
Below is a table showing 366 days of historical exchange rates data for the year of 2024, covering the Japanese Yen (JPY) to US Dollar (USD) conversion. Converting Japanese Yen (JPY) to US Dollar ...
It also made long-term lows versus the euro and Aussie last week. A weaker yen is a boon for Japanese exporters’ profits but can squeeze households by increasing import costs. News reports ...