The yen could strengthen beyond 150 against the dollar as the BOJ moves against the global tide of rate cuts, said SMBC Nikko Securities.
The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan this year, while ...
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Time for Yen ETF?
The Japanese yen has been in great shape lately due to hawkish monetary policy. Invesco CurrencyShares Japanese Yen Trust FXY has added 3.2% so far this year and about 1% over the past week. More ...
As interest rates rise, the value of JGBs could plummet due to heightened inflation and duration risks. Click to read.
Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the nine months ended December 31, 2024.
Mitsubishi UFJ Financial Group (MTU) reported that its profits to owners of parent was 1.75 trillion yen for the nine months ended ...
Japan's largest lender, reported a 32% increase in quarterly net profit on Wednesday. This growth was driven by sales of ...