Business Nov 10, 2022
Yen speculators bow to Japan’s stealth strategy as CPI looms
Unannounced currency intervention, ramped-up bond buying and an extra budget have helped Japan show financial markets that it is standing its ground on stimulus.
Business Oct 26, 2022
Vulnerable yen’s bigger problem now importers, not speculators
Japan’s need for foreign goods creates constant demand for dollars that is insensitive to yield differentials, technical levels and expectations for monetary policy.
Business Oct 21, 2022
Fall past ¥150 has yen watchers wondering when Japan will act
The currency has weakened by more than ¥4 per dollar since Japan stepped into the market in September.
Business / Financial Markets Oct 17, 2022
Tokyo traders speculate on possibility of stealth intervention in yen
By one estimate, authorities may have spent around ¥1 trillion to support the currency.
Business Oct 17, 2022
Traders watch for response from Japan as yen approaches ¥150 against dollar
Finance Minister Shunichi Suzuki reiterated to reporters on Monday that the country will take bold action if there are speculative foreign exchange moves.
Business Oct 14, 2022
Japan keeps up yen warnings, declines to say if intervened
The currency fell to ¥147.67 per dollar, the weakest since August 1990, before bouncing back in choppy trading.
Business Oct 12, 2022
Yen weakens past level that triggered last intervention
The currency fell to ¥146.23 per dollar, surpassing the ¥145.90 level that prompted Japan’s first intervention to buy the yen since 1998.
Business Sep 14, 2022
Yen rallies on reports of a BOJ precursor to intervention
Japan’s currency rose more than 1% to around the ¥143 level against the dollar after falling to ¥144.96 early in the Asian session.
Business Sep 7, 2022
Yen plunge worsens despite strongest government warnings yet
The renewed selloff in U.S. Treasurys this month has widened the yield gap between the U.S. and Japan, pushing the yen to a 24-year low.
Business / Financial Markets Aug 30, 2022
Yen’s reversal toward ¥140 revives talk of currency intervention
The Japanese currency has tumbled close to 4% this month and traded around the ¥138.50 level Tuesday.