Weak Yen
Coverage of Weak Yen in the Nexus archive.
- Japan’s 10-year bond yield hits three-decade high
Japan's 10-year bond yield reached a three-decade high. Additionally, the interest rate nears 3%, driven by concerns that a weak yen is fueling inflation.
- Honda Raises Outlook 30% as Weak Yen, US Demand Lift Profits
Honda Motor Co. raised its profit outlook due to a weak yen and strong demand in the US for gas-electric hybrids. The company's quarterly results were boosted by these factors.
- Toyota plans $6.3bn buyback as weak yen boosts outlook
Toyota plans a $6.3 billion buyback as a weak yen improves its outlook. The company expects to sell over 5 million hybrid electric vehicles this year.
- Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
Bitcoin and XRP are attracting Japanese firms as a weak yen prompts efforts to diversify treasuries. The shift reflects corporate strategies to hedge against currency instability.
- Survey shows Japan’s business sentiment improving for a 5th straight quarter
Japan's business sentiment improved for a fifth consecutive quarter according to the Bank of Japan's tankan survey, with the diffusion index rising to 22 for manufacturers and 37 for non-manufacturers. Challenges include rising energy prices due to the Iran war and a weak yen, which offset some export benefits, while the BOJ raised interest rates to 1% amid inflationary pressures.
- Survey shows Japan’s business sentiment improving for a 5th straight quarter
Japan’s business sentiment improved for a fifth consecutive quarter according to the Bank of Japan’s tankan survey, with the diffusion index rising to 22 for manufacturers and 37 for large non-manufacturers. The weak yen and rising energy prices from the Iran war pose challenges, but the Bank of Japan recently raised its benchmark interest rate to 1%, a three-decade high, amid efforts to normalize monetary policy.
- Bank of Japan raised rates to a 31-year high as inflation and a weak yen piled up pressure
The Bank of Japan raised its policy rate to 1% in a 7-1 board vote, marking the first time since 1995. The decision followed inflation and a weak yen putting pressure on the economy.
- Nomura's Koo: Weak Yen Tied to Slow BOJ Hikes
Nomura's Koo attributes the weak yen to the Bank of Japan's slow rate hikes. The analysis links currency weakness directly to the central bank's cautious monetary policy adjustments.