Haruhiko Kuroda

Hedge funds have reportedly unwound long dollar-yen trades after the U.S. Federal Reserve hinted the pace of prospective hikes could be slower. Price Movement: From a low of 137.46 against the dollar yesterday, the yen rose to the 135.11 mark on Thursday morning in Asia to hit a three-week...

Bank of Japan Governor Haruhiko Kuroda told the government's top advisory panel that it will take time for its negative interest rate policy to have an impact, a Reuters report said citing Economy Minister Nobuteru Ishihara. In January, the BoJ stunned the market by adopting a negative interest...

The Bank of Japan may have found its harshest critic to date: former Major League Baseball all-star slugger Jose Canseco. Canseco used his Twitter account to rant against the central bank. Canseco may have been reacting to a report that the Bank of Japan's central governor said the central bank isn...

The holidays are on the doorstep, making the coming days some of the last for shoppers who want to order items online. Office holiday parties and festive decorations serve as an ever-present reminder that holiday vacations are nearing and that 2015 is nearly over. This week also marks one of the...

Ukrainian officials have given pro-Russian separatists a strict deadline to disarm or face a “full scale anti-terrorist operation." Ahead of the Monday morning deadline, the United Nation’s Security Council called an emergency meeting on Sunday night to discuss the rising tension between Moscow...

On Wednesday, data released by Japan's Ministry of Finance showed that the nation posted a November trade deficit of 1.29 trillion yen ($12.56 billion). The yen weakened for the first time in four days against the U.S. dollar on the news, edging closer to the 5 year low reached last Friday....

Iran Agreement The Japanese yen fell to a six-month low against the US dollar after a historic deal  limiting Iran’s nuclear activities was announced on Sunday following five days of talks. News of the accord lifted global stock markets and softened demand for the yen as a safe haven. The...

Several US reporting agencies were unable to release data last week due to the US government shutdown. Now, as the reopened government catches up a spate of data is expected to hit the markets this week. The most anticipated figures are nonfarm payrolls, which are due out on Tuesday. Most see...

The US government’s 11th hour deal on Thursday helped more than 80 percent of S&P 500 stocks rise in value on Thursday. The index broke its intraday trading record and closed at an all time high. Technology was the only sector to falter with IBM’s weaker than expected revenue...

The FOMC minutes’ release continues to be the main driver in the markets. The minutes, to be released at 18:00 GMT, will hopefully provide some guidance about when the Fed will begin to taper its bond buying stimulus. Top News In other news around the markets: The euro/dollar...

Benzinga Pro analyst Matthew Kanterman sat down with Forexlive.com's editor Adam Button for a radio interview. The Fed, the ECB and Japan took center stage while the analysts discussed further the recent drop in gold concurrently as the yellow metal plunged through the $1,200 per ounce level for...

The Bank of Japan failed to meet market expectations overnight as the central bank kept policy constant. Markets were expecting the Bank to extend the maturity on the cheap loans it has been making and the failure to do so sparked a global sell-off. Funding Facility Untapped The failure for the...

In what has been an all-too constant story over the past two weeks, the Nikkei Index has finally entered a bear market. Overnight, the index dropped to a new intra-day low which now places the index in bear market territory. Massive Retracement The Nikkei Index closed down 0.21 percent overnight,...

European Central Bank President Mario Draghi finally gave global markets something to cheer about earlier today when he announced the ECB lowered its benchmark interest rate to 0.5 percent from 0.75 percent. Perhaps more importantly, Draghi has left the door open to further monetary easing and...

As Japanese Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda have moved to employ an ultra-loose monetary policy that would make even Federal Reserve Chairman Ben Bernanke blush, chatter has increased that Japan's easing efforts will fuel a bubble in emerging markets. The...