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Japan Services PMI Revised Lower to 49.4 in June From Preliminary Data
Asia Markets Mostly Rise After Gains on Wall Street; Traders React to Hawkish RBA Minutes
Japan's Manufacturing PMI Revised Downward to 50.0 in June Than Initially Thought
Tokyo's Inflation Accelerates 2.1% in June
Japan's May Retail Sales Rise More Than Expected; Yen Sinks to 38-year Low Past 160 per Dollar
The Fed's Higher for Longer Policy Is Breaking the Yen
The Japanese yen is at a nearly four-decade low versus the U.S. dollar, and there's no sign of relief for the East Asian currency. It's a product of divergent monetary policy between the Bank of Japan and its developed-market peers -- particularly the Federal Reserve.