THE PESO dropped further against the dollar on Tuesday to follow the yen’s decline as markets expect the Japanese government to support its falling currency. The local unit closed at P58.91 per dollar ...

Two months ago, some in Tokyo joked that we no longer carry yen in our wallets, but Japanese “pesos” or “rupiah.” Now, with the yen up more than 12% since mid-July—and perhaps headed for even bigger ...

File this one under ‘things you hear at the bottom’. A Deutsche Bank analyst compared the Japanese yen to infamously troubled currencies like the Turkish lira and Argentine peso in a note shared with ...

The yen's key drivers are so weak the currency is comparable to the Turkish lira and Argentine peso, Deutsche Bank said. Japan has record low real yields due to the central bank's refusal to tighten ...

Japanese retail investors had poured into carry trades involving borrowing yen to buy higher-yielding currencies, until the Bank of Japan raised interest rates for a second time this year on July 31, ...

LONDON, June 5 (Reuters) - A sharp drop in Mexico's currency after a landslide election result has shaken foreign exchange markets as far as Hungary and Turkey this week, leaving investors asking ...