Tag: currency intervention
U.S. Dollar Slips Before Key Data as Yen Jumps on Intervention...
Major foreign exchange currencies strengthened on Tuesday as the U.S. dollar softened ahead of several key economic data releases. The Japanese yen led gains...
Japan Delivers Strongest Intervention Warning, Says Yen Out of Line With...
Japan is prepared to act against excessive swings in the yen, Finance Minister Satsuki Katayama said on Tuesday, delivering Tokyo’s strongest warning so far...
Yen Gains in Thin Trading as Intervention Fears Intensify
The Japanese yen strengthened during Asian trading on Tuesday, supported by broad U.S. dollar weakness and the strongest warning yet from Japanese officials signaling...
Japan Signals Possible Intervention Over Excessive Currency Swings
Japanese officials warned on Monday that they are prepared to take “appropriate action” against excessive movements in the foreign exchange market, raising fresh speculation...
Japanese Yen Stuck Near Historic Lows Despite Intervention Threats
The Japanese yen hovered near record lows against the euro and the Swiss franc on Monday, as the absence of hawkish signals from the...
BOJ Rate Hike Fails to Lift Yen as Currency Slides
The Japanese yen fell sharply on Friday, weakening against the U.S. dollar and other major currencies after the Bank of Japan raised interest rates...
Japan Warns of Yen Intervention as Rate Hike Chances Strengthen
Japan strengthened its warning of possible currency intervention on Friday, while the Bank of Japan signaled that a near-term interest rate hike is now...
