Japan Rolls Out More Yen Warnings as Market Liquidity Thins
1 day 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 …
1 day 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 ...
Japan Rolls Out More Warnings Against Excessive Currency Moves
1 day 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
2 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 News - Ghana News, Breaking News, Africa and Entertainment
Ghana news, live updates 24/7, reports by YEN News from Ghana, Africa and World. Follow for the latest news, entertainment, sports, politics, business, real estate, and more.
Yen Bulls Retreat as Fed, BOJ Dim Hopes of Quick Rate Gap Cut
2 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...
Yen’s Slide Brings It Near Closely Watched 155 Level Before BOJ
Dec 17, 2024 · The yen’s rapid decline in the past week toward 155 against the dollar has strategists warning that further weakness may trigger verbal intervention from authorities and add pressure on the Bank ...
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 authorities on high alert against rapid yen decline, says top ...
Jun 26, 2024 · Japanese authorities were "seriously concerned and on high alert" about the yen's rapid decline, said the country's top currency diplomat Masato Kanda, escalating warnings as the currency...