Investing.com — The Japanese yen rose in volatile trade on Friday after the Bank of Japan said it will adopt a looser approach to its yield curve control policy, while broader Asian currencies recovered from some recent losses against a strong dollar. The recovered from initial losses to trade 0.5%…

Investing.com – The U.S. dollar edged higher in early European trade Friday, adding to the previous session’s strong gains, while the Japanese yen gained after the Bank of Japan shifted its monetary policy. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other…

LONDON (Reuters) – JPMorgan (NYSE:)’s analysts said on Friday they were maintaining the investment bank’s “bearish view” on the Japanese yen after Friday’s move by the Bank of Japan (BOJ) to make its key yield curve control policy more flexible. In a research note, the analysts said that while the…

LA PAZ (Reuters) – Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the , officials said, as Latin American support for alternative currencies grows. Economy Minister Marcelo Montenegro said the Andean country was following “a pattern at the level of international…

By Laura Matthews NEW YORK (Reuters) – The yen had its most volatile trading session in months on Friday after the Bank of Japan tweaked its yield curve control policy, leaving investors wondering if an eventual shift in its massive stimulus program is approaching. Whipsawing as traders digested the decision,…

Investing.com — Most Asian currencies fell on Wednesday as the dollar rebounded from 15-month lows, with recent U.S. data spurring more bets that the Federal Reserve was close to pausing its rate hike cycle. The and rose about 0.1% each in Asian trade, extending an overnight rebound after data showed…

Investing.com – The U.S. dollar edged higher in early European hours Wednesday, bouncing from a 15-month low, while sterling slumped after weaker-than-expected U.K. inflation data. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 99.858, after falling…

By Rae Wee SINGAPORE (Reuters) – Transactions using China’s digital yuan hit 1.8 trillion yuan ($249.33 billion) at end-June, the country’s central bank governor Yi Gang said on Wednesday, marking a jump from over 100 billion yuan as of August last year. The numbers cement China’s role as a leader…

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound sharply lower against other major currencies. Britain’s rate of inflation was its slowest in over a year at 7.9%, according to…

SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, two people with direct knowledge of the matter said. Such state bank dollar selling was meant to slow the pace of yuan declines, one of…