is likely to support the yen by reducing its use in carry trades, according to Jane Foley, head of G-10 FX strategy at Rabobank. Despite the yen fluctuating after the BOJ’s meeting, Foley ...

NEW YORK : The dollar hit a 10-month high against a basket of major currencies on Wednesday, pushing the euro to an almost nine-month low and keeping the yen in intervention territory, as ...

The yen is outperforming its peers so far this week ... 1.9% this week to put it at the top of the leaderboard of Group-of-10 currencies.

The yen still lost nearly 6% against the greenback in October, making it the second worst-performing currency among Group-of-10 peers.

A surge of yen-denominated bonds by foreign nationals and a perceived reduction in dollar supply are making it costlier to swap yen funds to the U.S. currency. Three-month basis swaps for dollar ...