Currencies News

Yen Set for Longest Monthly Decline in 12 Years on BOJ Easing

3:38 am ET

The yen headed for its longest string of monthly losses in more than a decade on prospects lingering deflation will prompt Bank of Japan Governor Haruhiko Kuroda to boost stimulus measures at a policy meeting next week.

China’s Yuan Touches 19-Year High as Central Bank Raises Fixing

3:33 am ET

China’s yuan touched a 19-year high, extending its gains for the quarter after the central bank raised the reference rate to the strongest level in more than 10 months.

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