US Fed dissenter calls for 'measured' pace of rate cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory." "I see the risk that the Committee's larger policy action could be interpreted as a premature declaration of victory on our price stability mandate,
The Japanese yen climbed as much as 0.8% against the dollar on Wednesday, reflecting investors' belief that the Fed and BoJ are at different stages of their monetary policy cycles. When Japan's ...
Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to ...
On Friday, the Yen had gained for a fourth day in a row to touch 140.29 per USD, its highest since the end of December.
The yen surrendered some of its gains after having risen 2.73% last ... Against a basket of currencies, the dollar edged up 0.04% to 101.24. "The Fed finds itself at a crossroads," said Boris ...
A divergence is emerging among leveraged funds on their positions in the yen ahead of the Federal Reserve and Bank of Japan meetings that will dictate the currency’s near-term trajectory.
Traders feared Japanese investors would bring money home as the yen carry-trade imploded. They were wrong.
It was left to the Bank of Japan (BOJ) to end "central banker week" by doing nothing on rates, though it did bring the yen ...
World stocks neared record highs due to the Federal Reserve's significant interest rate cut. The yen eased after remarks from ...
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