The Japanese yen strengthened against other G-10 and Asian currencies on the prospects of a hawkish tilt to Bank of Japan’s Deputy Governor Himino’s speech this afternoon.

The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised its inflation forecasts.

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.

The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day.

The Japanese Yen (JPY) remains on the back foot against its American counterpart, with the USD/JPY pair eyeing the 156.00 mark during the early European session on Tuesday. US President Donald Trump reiterated his push for higher universal tariffs,

The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.

A weaker yen is a boon for Japanese exporters’ profits but can squeeze households by increasing import costs. News reports, including from Reuters, foreshadowed the Bank of Japan’s landmark ...

A weaker yen is typically good for Japanese exporters but could push inflation higher because the country imports much of its energy and food. The Bank of Japankicked off a global market selloff last time it raised interest rates. The likely rate increase this week will be less dramatic, but the real suspense lies in what comes next for the yen.

Japan's Sumitomo Mitsui Financial Group reported a 54 per cent increase in third-quarter net profit on Wednesday, buoyed by a boost in interest income.The net profit rose to 410.8 billion yen ($2.65 billion) in the October-December period,

The Bank of Japan increased ... sending the yen higher against the dollar. The well-flagged 25-basis-point rise to 0.5 percent comes as data indicates the Japanese economy is developing in line ...

(Bloomberg) -- The yen is primed for further gains after the Bank of Japan sent hawkish signals while raising the benchmark interest rate, according to strategists. The upward revision in ...

The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.