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Tokyo stocks expected to reach new highs in 2024 despite strong yen headwinds japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The yen climbed by more than 1% against the dollar as traders ramped up bets for more aggressive interest rate cuts by the Federal Reserve in 2024 and as they speculated on the timing of the Bank of Japan exiting from negative interest rates.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneTesla Recalls 2 Million Cars to Fix Au ....
The U.S. dollar temporarily rises to the lower 150 yen range from the mid-149 level in Tokyo after the Bank of Japan made another tweak to its yield cap program at its policy-setting meeting. ....
The U.S. dollar rose above the 150 yen threshold in Tokyo on Tuesday after the Bank of Japan s decision to tweak its yield cap policy was perceived by the market as only a minor change to its easing. ....
(Bloomberg) Salarymen scrolling through their phones on the subway are a common sight in Tokyo, but they aren’t all playing Pokémon Go – many are on trading apps, aggressively buying and selling the yen to profit from short-term swings.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightApple Plans AirPods Overhaul With New Low- and ....