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Yen remains under pressure after BOJ keeps rates unchanged

Yen remains under pressure after BOJ keeps rates unchanged

By Jiaxing Li and Ankur Banerjee HONG KONG, July 31 (Reuters) - The yen stayed under pressure on Friday after the Bank of Japan held rates steady, paring some of the sharp gains sparked by coordinated intervention overnight as markets tested Tokyo's resolve to support the sagging currency.

Yen remains under pressure after BOJ kept rates unchanged

Yen remains under pressure after BOJ kept rates unchanged

By Jiaxing Li and Ankur Banerjee HONG KONG, July 31 (Reuters) - The Japanese yen stayed under pressure on Friday after the Bank of Japan kept rates unchanged as markets tested Tokyo's resolve in the wake of a coordinated intervention to prop up the fragile currency.

Stocks surge, yen awaits BOJ presser after intervention boost

Stocks surge, yen awaits BOJ presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent rout in AI-related stocks had run out of steam.

Rare Japan-Korea joint intervention shakes up yen and won

Rare Japan-Korea joint intervention shakes up yen and won

SINGAPORE, July 31 (Reuters) - Japanese and South Korean authorities stepped in to buy their currencies in the open market in what sources described was a rare and an unprecedented coordinated market intervention, possibly alongside the United States.

Asia stocks surge, yen awaits Ueda's presser after intervention boost

Asia stocks surge, yen awaits Ueda's presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent selloff in AI-linked assets may be near an end.

BOJ nods to chance of early rate hike as Tokyo props up yen

BOJ nods to chance of early rate hike as Tokyo props up yen

By Leika Kihara and Makiko Yamazaki TOKYO, July 31 (Reuters) - The Bank of Japan on Friday warned for the first time that underlying inflation could exceed its target and said future policy discussions would focus on upside price risks, signalling the chance of a rate hike as soon as September.

Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

By Niket Nishant and Rae Wee July 31 (Reuters) - A late-week rally in global shares left them on track for weekly gains after earnings from some U.S. tech giants eased concerns about AI returns, while the yen declined after the Bank of Japan kept interest rates unchanged on Friday.

Major central banks steer a cautious hiking path

Major central banks steer a cautious hiking path

By Alun John and Stefano Rebaudo LONDON/MILAN , July 30 (Reuters) - The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain consequences of AI advances will mean for their economies.

Yen jumps as analysts suspect official intervention; dollar broadly weaker

Yen jumps as analysts suspect official intervention; dollar broadly weaker

By Saqib Iqbal Ahmed July 30 (Reuters) - The dollar sank against the Japanese yen on Thursday with traders alert to the possibility of intervention from Japan to prop up its stubbornly weak currency.

Yen surges, analysts suspect official Japanese intervention

Yen surges, analysts suspect official Japanese intervention

NEW YORK, July 30 (Reuters) - The Japanese yen surged on Thursday, in a move analysts said bore the hallmarks of official intervention by Tokyo to prop up a currency that has slumped to four-decade lows against the dollar.

BOJ keeps rates steady, delivers hawkish signal as government props up yen

BOJ keeps rates steady, delivers hawkish signal as government props up yen

By Leika Kihara and Makiko Yamazaki TOKYO, July 31 (Reuters) - The Bank of Japan kept interest rates steady on Friday but signaled its resolve to continue pushing up borrowing costs, in the wake of the government's yen-buying intervention overnight that failed to give the sagging currency lasting

Dollar hovers near four-week peak as markets mull Fed hike odds

Dollar hovers near four-week peak as markets mull Fed hike odds

By Medha Singh and Satoshi Sugiyama July 28 (Reuters) - The U.S. dollar steadied near a four-week high on Tuesday as traders assessed the possibility of a Federal Reserve interest rate hike this week, even as falling oil prices offered some relief on the inflation front.