USD/JPY is currently trading around 147.40 and MUFG maintains a target of 143.50 amid deterioration in the US labour market.

The dollar slipped on Friday with investors cautious about the rate outlook ahead of import price data, after recent figures ...

The general rule of thumb is that a weak Japanese yen is good for Japanese automakers because it boosts the value of dollar-denominated sales from the U.S. when the money is repatriated to the ...

The Japanese yen has reached 36-year lows against the dollar, depreciating by a third in 3 years due to interest rate divergence. Bank of Japan may reduce bond purchases in July after spending $61 ...

The U.S. dollar-Japanese yen exchange rate endured one of its most turbulent weeks in recent years, with sharp swings driven by pivotal economic events that have left traders reassessing the ...

Management kept fiscal 2023 guidance unchanged from Nov. 1 and expects the average yen to dollar rate for fiscal 2023 to be JPY 134 versus JPY 135.

The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.

MUFG expects that the combination of US rate cuts and Japanese rate hikes will strengthen the yen and it forecasts that ...