Live Breaking News & Updates on Carol Kong At Commonwealth Bank
Stay updated with breaking news from Carol kong at commonwealth bank. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The yen fell on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, but was still on track to reverse three consecutive months of declines. On Friday, the yen went into a tailspin as traders tried to determine the implications of the BOJ's move to maintain ultra-low rates while making its bond yield curve control (YCC) policy more flexible and loosening its defence of a long-term rate cap. "The BOJ threw a curve ball into the market . with its cosmetic change to YCC - in essence, it was a brilliant move by the central bank, and they've managed to bridge the volatility that would come with a straight change to a -/+ 1% range in the YCC band," said Chris Weston, head of research at Pepperstone. ....
The yen was last roughly 0.3% higher at 140.77 per dollar, nursing some of its heavy loss from Friday after the BOJ maintained ultra-low rates, though made its bond yield curve control (YCC) policy more flexible and loosened its defence of a long-term rate cap. ....
SINGAPORE : The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, but it remained on track for its first monthly gain against the dollar since March.There is plenty on the agenda in the coming week, w ....
Yen Weakens Past Key 145 Per Dollar Level; Yuan Falls After China PMI Data usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.