Money managers in the nation cut holdings of foreign fixed-income securities by ¥23.8 trillion over the period, an all-time high in data since 1996.
A pullback in bets on a Bank of Japan policy tweak resulted in record monthly purchases from overseas funds in July.
A split seems to be forming between a growing number of bearish yen watchers in Tokyo and their more positive foreign counterparts.
Analysts say the yen has plenty of room to recover as the Bank of Japan has stuck to a dovish tone even as other major central banks have tightened policy.
For Rugby World Cup fans budgeting for the trip of a lifetime to Japan this fall, the recent surge in the yen could have come at a better time. And the currency gods seem to be inflicting the most pain on followers of teams ...
It's been five years since politics captured much attention from the foreign-exchange world in Japan, but traders are now gaming out potential scenarios for the yen after the Oct. 22 general election. The consensus view is still for Prime Minister Shinzo Abe's coalition to sail ...
The yen is on a 40-year technically driven climb and that means the Bank of Japan needs to push ahead with radical stimulus next week to avoid this year's surge accelerating, according to Tokyo-based hedge fund GCI Asset Management. BOJ Gov. Haruhiko Kuroda should cut ...
Chinese tourists tumbling off buses into the Laox duty-free store in Tokyo's bustling Ginza district say the yuan's drop against the yen may make them think twice about splurging during their shopping tours. "Many things are better than China," said a 27-year-old Beijinger called Wang, ...
Bank of Japan Gov. Haruhiko Kuroda's faith he can push inflation from zero to 2 percent in about a year is starting to win over consumers and bond investors. A government survey released June 9 showed 2 in 5 consumers expect prices to rise by ...
Don't be fooled by the yen's recent resilience against the dollar — it's dropping against the rest of its major peers at the fastest pace in six months. Japan's currency slumped 3.3 percent over the past four weeks against a basket of nine developed-nation counterparts ...
