Yen Weakens to 155 Against Dollar, Raising Intervention Risk
23 hours ago · The yen weakened beyond 155 per dollar for the first time since July, raising the risk that Japan will enter the currency market to try to slow the depreciation. The Japanese currency slid as much ...
Yen’s Malaise Deepens as Capital Outflows Eclipse Record Surplus
4 hours ago · Japan posted a record surplus of ¥12.2 trillion in primary income in the third quarter, mostly in investment returns. This offset a deficit in goods and services and boosted the current-account ...
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Yen Weakens Slightly; Markets Eye Possible Intervention
4 hours ago · 0040 GMT — Yen weakens slightly against most other G-10 and Asian currencies in the morning session. Focus is on possible verbal intervention by Japanese authorities after USD/JPY rose overnight ...
Dollar tops 155 yen as Trump policies seen to lift US inflation
21 hours ago · The euro was quoted at $1.0602-0603 and 164.44-48 yen against $1.0619-0629 and 164.25-35 yen in New York and $1.0630-0631 and 163.51-55 yen in Tokyo late Tuesday afternoon.
Japan conducted 5.5 tril. yen currency intervention in July
5 days ago · Japan's Finance Ministry says it intervened in the currency market in July to support the yen. The action conducted with the Bank of Japan amounted to 5.5 trillion yen, or about 36 billion dollars.
Japan confirms $36.8 billion yen intervention as BOJ hikes rates
Jul 31, 2024 · Key Points. 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...
Investors scramble to get out of the way of the rising yen
Aug 1, 2024 · Japanese investors have withdrawn a net 2.2 trillion yen ($15 billion) from foreign equities so far this year, a larger sum than the net 621.2 billion yen investment flows to foreign bonds,...
Japanese yen surges, ringing intervention alarm bells | Reuters
July 11 (Reuters) - The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a currency...
Yen Surges as Traders Bet the Big Turning Point Is Finally Near
Jul 25, 2024 · Signs of an inflection point for the yen are mounting amid growing expectations that the interest rate gap between Japan and the US is finally set to shrink.