
The dollar hits a two-month high against the yen, which is plummeting
The dollar is climbing to its highest level in two months as expectations of a Fed rate hike grow. The Japanese yen is taking a hit.
6 articles on central bank

The dollar is climbing to its highest level in two months as expectations of a Fed rate hike grow. The Japanese yen is taking a hit.

The Reserve Bank of New Zealand is continuing its fight against inflation despite a worrying rise in unemployment. It’s an increasingly delicate balance.

Jakarta has just passed a major law that expands Bank Indonesia’s mandate far beyond price stability. The goal: to boost the country’s growth.

The yen surged sharply on Monday, dropping from 157.2 to 156 against the dollar in a matter of minutes. Tokyo is taking further action to defend its currency, which is in free fall.

The Federal Reserve surprised markets by maintaining a hawkish stance. The dollar is rising against the euro, the pound, and the yen amid expectations that interest rates will remain high for longer.

Rising energy prices prompt the Bank of Japan to revise its inflation forecasts upwards. A major turning point for Japanese monetary policy and the yen.