Ryo Saeki

Featured in: Favicon

nikkei.com Favicon

caixinglobal.com Favicon

asia.nikkei.com

Articles

Gold hits record high as U.S. interest rates slide

Sep 26, 2024 | asia.nikkei.com | Shugo Yamada |Ryo Saeki

TOKYO -- Gold futures crossed the $2,700 per troy ounce mark for the first time Thursday, riding a rally driven by geopolitical and economic concerns that has spurred investors to snap up an asset that has outperformed stocks this year. Gold is often bought when the U.S. Federal Reserve lowers interest rates, something that has been a major buying factor this year.
Japan lets yen slide past 153 without intervention, leaving traders guessing

Apr 11, 2024 | asia.nikkei.com | Ryo Saeki |Aoi Hanazawa

TOKYO -- The lack of intervention in Japan's currency market after the yen weakened beyond 152 to the dollar for the first time since 1990 has traders wondering when the government will step in and assessing the seriousness of Tokyo's jawboning. The yen barely budged Thursday after Masato Kanda, Japan's top currency diplomat, called the decline "rapid" and said Tokyo would "respond appropriately to excessive moves, without ruling out any options."
Yen depreciation swayed by China central bank's yuan guidance

Mar 27, 2024 | asia.nikkei.com | Ryo Saeki |Noriyuki Doi

TOKYO/BOAO, China -- As the Japanese currency depreciated to its lowest point in 34 years against the dollar on Wednesday, one less conspicuous factor contributing to yen-selling pressure involves the People's Bank of China's daily central parity rates. The yen sank to 151.97 against the dollar in Tokyo on Wednesday, its weakest since 1990. Yen selling first intensified around 10 a.m. Japan time.
Yen hits upper 151 range to dollar despite BOJ rate hike

Mar 20, 2024 | asia.nikkei.com | Ryo Saeki

TOKYO -- The yen weakened to the upper 151 range against the dollar during Asian trading on Wednesday, approaching a more than three-decade low marked in 2022, despite the Bank of Japan ending negative interest rates. The Japanese currency has slid more than 2 yen against the dollar in a single day following the BOJ's policy shift announced Tuesday.
Speculation on BOJ ending negative rates in March jolts yen, stocks

Mar 7, 2024 | asia.nikkei.com | Miki Kamiyama |Yasuha Minami |Ryo Saeki

TOKYO -- Japanese markets are on edge amid mounting speculation that the Bank of Japan will end its negative interest rate policy this month. Japan's currency strengthened to the 147 yen level against the dollar Thursday for the first time in about a month. Shares in exchange-rate-sensitive exporters sold off, with the Nikkei Stock Average falling nearly 500 points.
Yen sinks to near historic levels against euro and Asian currencies

Nov 7, 2023 | asia.nikkei.com | Ryo Saeki |Miki Kamiyama

TOKYO -- The yen's depreciation is spreading beyond the U.S. dollar, with exchange rates against such currencies as the the euro and Singapore dollar approaching historic lows. Expanding carry trades that take advantage of interest rate differences are fueling views that the weak yen will continue for the time being.
Yen's buying power sinks to all-time low amid sustained deflation

Sep 21, 2023 | asia.nikkei.com | Ryo Saeki

TOKYO -- The yen's purchasing power has fallen to a historic low as it continues to lose value against the dollar and other currencies amid prolonged deflation at home. The real effective exchange rate came in at 73.19 in August, according to data announced by the Bank for International Settlements (BIS) on Thursday.
Largest policy rate gap in 22 years pins yen near last year's low

Sep 7, 2023 | asia.nikkei.com | Ryo Saeki |Yasuha Minami |Masaya Kato

TOKYO -- The long-suffering Japanese yen now sits at a year-to-date low and is threatening to tumble below last year's nadir of 151.94 to the dollar. The government has begun stepping up its verbal interventions, but experts say the yen's current weakness reflects interest rate gaps between Japan and other markets. As such, the depreciation will be difficult to arrest, the experts say.
Yen, Japan bonds face greater volatility over BOJ's next move

Jul 21, 2023 | asia.nikkei.com | Ryo Saeki |Takahisa Tamura |Yasuha Minami

TOKYO -- Japan is bracing for more volatility in the yen and the bond market ahead of a week that will bring monetary policy decisions by the Bank of Japan and the Federal Reserve. The Japanese currency on Friday lurched to the upper 141 yen range against the dollar from the lower 140 range, as reports that the BOJ would likely leave its monetary policy unchanged spurred a sell-off. It touched a 15-year low against the euro in the 158 yen range.
Yen strengthens in reversal, driving down Japanese stock prices

Jul 12, 2023 | asia.nikkei.com | Ryo Saeki |Yoshikazu Imahori

TOKYO -- The trade of selling yen and buying Japanese stocks that has prevailed since Kazuo Ueda became Bank of Japan governor in April has begun a rapid reversal as changing expectations spur investors to unwind their positions.