BOJ – Miami Crypto Coin

Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

Post author:MiamiCrypto
Post published:April 28, 2024
Post category:Bank of Japan BOJ Dollar Economics Economy Exchange rate Fiat japanese yen Peruvian Bull US Dollar Wall Street Silver Yen

This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States.…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Post author:MiamiCrypto
Post published:April 30, 2023
Post category:BOJ Consumer Price Index Economics Economy Governor inflation interest rates Japan Monetary Policy pandemic price stability Surge workforce

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise…

Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%

Post author:MiamiCrypto
Post published:December 20, 2022
Post category:0.25%0.5%10-year bonds 2016 Bank of Japan Bank Rate Bank Rates Benchmark Rate BOJ Bonds Economics Economist Economy Gold Bug hedge fund manager Increased Rate inflation James Lavish Japan Japan economy Japanese central bank japanese yen Mizuho bank Peter Schiff threshold upper limits Yen yield curve control mechanism

The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise…

Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets

Post author:MiamiCrypto
Post published:December 20, 2022
Post category:Analysis Bitcoin BOJ BTC ETH Ethereum Market Updates

Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which…

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low

Post author:MiamiCrypto
Post published:September 22, 2022
Post category:1998 24-year low Bank of Japan benchmark interest rate BOJ Buy-Side Buy-Side forex markets Dollar Dollars Economics falling currency fiat currency Foreign Exchange Markets Forex Greenback intervention japanese yen low rates Michael Hewson Steve Goldstein U.S. dollar US dollars USD

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998.…

Japan will prioritize simplicity in CBDC design, says central bank executive

Post author:MiamiCrypto
Post published:October 15, 2021
Post category:BOJ CBDC Central Bank Japan

The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture.