The USD/JPY exchange rate crashed to a low of 144.53 on Monday as investors moved to the safety of the Japanese yen. It dropped to 144.53, its lowest level since October 2, and 8% below the highest ...
Hedge funds are betting the yen will weaken to as low as 160 per dollar by the end of the year, driven by changing approaches to interest rates from the Federal Reserve and the Bank of Japan. Trading ...
Goldman Sachs Group Inc. and Bank of America Corp. see little immediate risk of currency intervention in Japan, saying the usual triggers “have not yet been met” even as the yen approaches the closely ...