Tag: forex markets
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...
Asian FX Firms as Dollar Slips; Yen Surges on Intervention Threat
Most Asian currencies strengthened on Tuesday as the U.S. dollar weakened ahead of a series of important U.S. economic releases. The Japanese yen also...
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...
Pound Steady as Bank of England Signals Caution on Rate Cuts
The British pound gained support after the Bank of England issued a policy statement that was less dovish than markets had expected, according to...
Asia FX Little Changed as Fed Cut Hopes Grow, BOJ Hikes...
Most Asian currencies traded in narrow ranges on Friday as investors evaluated the outlook for U.S. interest rate cuts following softer inflation data, while...
Asia FX Holds Steady Ahead of US Inflation Data; BOJ Rate...
Asian currencies traded in a narrow range on Thursday as investors remained cautious ahead of key U.S. inflation data due later in the session....
Dollar Rebounds as Sterling Slides After Weak Inflation Data
The U.S. dollar traded higher on Wednesday, moving away from its lowest level since early October as markets reassessed the Federal Reserve’s future interest...
