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Try to buy the Euro versus the yen in the 1.23 area with an appropriate money management stop. If the Bankers get the job done we may see a move back to the 126/27 level.
Stocks jumped and bonds slumped Wednesday, after the U.S. Treasury and Japanese monetary officials jointly intervened in foreign-currency markets to sell dollars and buy yen.The move–the first U ...
Global investors are unwinding their wagers on Japan’s yen rising quickly as a cautious central bank, a trade war and the prohibitive cost of holding the currency sour one of the year’s most popular ...
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Metaplanet secures 1B yen loan to buy more Bitcoin - MSNJapanese investment firm Metaplanet has just resolved to secure a $6.8 million loan (1 billion Japanese yen) from one of its shareholders to buy more Bitcoin. The loan from MMXX Ventures — a ...
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What Is the Yen Carry Trade? - MSNHow is the rising yen affecting the carry trade? The yen’s 7.5% surge over the past week has pummeled carry traders. Investors who had borrowed yen were hit with margin calls as the currency ...
Japan sells dollars to buy yen. From the BBC World Service: The Japanese government is snapping up its own currency for the first time in decades in a bid to stop the yen tumbling past 24-year lows.
March 5 (Reuters) - Intervention to support the yen may be underway with domestic firms urged to, or utilised to buy the currency at a time when they tend to do so anyway.
The yen last week fell to its lowest level against the U.S. dollar since 1998 – almost 139 yen for one dollar – before rebounding slightly. That means the U.S. dollar now costs 26% more in yen than it ...
Yen%27s drop against dollar since last fall improves Japanese automakers%27 profits for now Auto analysts see more product investment ahead%2C not price war Detroit has gained U.S. auto market ...
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