Markets Daily

Yen Bears Are Everywhere as Currency Heads Toward 160 Per Dollar

Capital outflows, BOJ’s gradual tightening pace are keeping the yen under pressure.

US Initial Jobless Claims Fall, Continuing Claims Rise
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The bearish chorus on the yen is growing louder after the Bank of Japan’s latest interest rate hike failed to deliver a sustained lift to the currency, reinforcing views that there’s no quick fix for its structural weakness.