Japan Rolls Out More Yen Warnings as Market Liquidity Thins
3 days ago · (Bloomberg) -- Japan rolled out more warnings against speculative yen movements as the currency continues to show weakness ahead of two potentially market-moving central bank events this week.Most ...
Japan finance minister repeats warning against excessive yen …
3 days ago · The yen was pinned near a five-month low past 157 per dollar, having already fallen 4.7% this month into territory that is keeping traders on alert to any intervention from Japanese authorities ...
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Japan Rolls Out More Warnings Against Excessive Currency Moves
3 days ago · The yen strengthened against the dollar following his remarks to briefly touch 157.06, having reached 157.39 just before the finance minister spoke. Kato’s remarks came with the yen under renewed pressure since last week, driven largely by the view that the gap between US and Japanese interest rates will take longer to narrow.
Ueda’s Caution Risks Yen Punching Holes in BOJ Policy Logic
4 days ago · Bank of Japan Governor Kazuo Ueda’s newfound caution and the renewed yen weakness it has sparked risks damaging the logic of his campaign to keep normalizing policy in line with developments in ...
Yen bulls retreat as Fed and BOJ dim hopes of quick narrowing of …
4 days ago · Leveraged funds also raised their net short position on the yen to some 44,926 contracts, the most since July just before macro volatility roiled global currency markets, according to the latest ...
Yen Bulls Retreat as Fed, BOJ Dim Hopes of Quick Rate Gap Cut
4 days ago · Traders are trimming their bets on a yen rally after policy meetings from the Federal Reserve and Bank of Japan cast doubts on how quickly the rate differentials between the US and Japan may narrow.
Danger for Yen Emerges With Speculation BOJ May Stand Pat …
Dec 12, 2024 · (Bloomberg) -- A new risk for the yen is emerging, with currency strategists in Tokyo warning that there’s a chance the Bank of Japan may stand pat on interest rates until March or later. Most...
Bank of Japan raises its key interest rate, aiming to curb yen's slide ...
Jul 31, 2024 · TOKYO (AP) — The Bank of Japan raised its key interest rate Wednesday to about 0.25% from a range of zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar. The move was widely expected, and the yen gained sharply against the dollar ahead of and after Wednesday’s decision, trading below 152 yen.
Japan confirms $36.8 billion yen intervention as BOJ hikes rates
Jul 31, 2024 · Japanese authorities spent 5.53 trillion yen, or $36.8 billion, to shore up the yen in July, official data published Wednesday showed. The amount was roughly in line with …