Tag: Japanese Yen Spot
Yen Rally Takes Pressure Off Japan to Prop Up Battered Currency
The yen rallied after a weaker-than-expected US jobs report spurred bets for earlier interest-rate cuts from the Federal Reserve and weighed on the do [...]
JPY USD: Japan FX Chief Warns No Options Ruled Out After Yen Falls to Key Level
Japan’s top currency official warned that authorities will consider all their options for the foreign exchange market and are ready to respond to any [...]
USD/CNY: Weak Yuan Would Most Impact Southeast Asian Currencies
China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking e [...]
Former FX Chief Says Intervention an Option for Overly Weak Yen
Japan’s former currency chief says intervention is among the options to address an excessively weak yen, speaking ahead of US inflationBloomberg Termi [...]
Middle-Aged Salarymen Amp Up FX Trades to Exploit Volatile Yen (JPY USD)
Salarymen scrolling through their phones on the subway are a common sight in Tokyo, but they aren’t all playing Pokémon Go – many are on trading apps, [...]
Japan’s Top FX Official Declines to Say If Intervened on Yen (JPY USD)
Japan’s top currency official declined to confirm whether Tokyo stepped into markets Tuesday amid speculation of intervention after sharp moves in the [...]
FX Intervention Has Lost Its Taboo in Asia
You know the dollar is brawny when intervention isn’t whispered or inferred, but spoken plainly. That’s now the case in parts of Asia, where, despite [...]
China Tries to Support Weak Yuan (CNY USD) With Forex Reserve Ratio Cut
China reduced the amount of foreign currency deposits banks are required to hold as reserves for the first time this year, in a more visible step to p [...]
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