Rintaro Tamaki discusses yen intervention limits amid currency weakness By Investing.com

[ad_1] © Reuters. TOKYO – Rintaro Tamaki, who served as Japan’s Vice-Minister of Finance for International Affairs from 2009 to 2011, reflected on past interventions in the currency market, particularly during the tumultuous period following the March 2011 earthquake and the Fukushima disaster. He highlighted these interventions aimed at stabilizing markets but also underscored the

Yen teetering near multi-decade lows keeps markets on intervention watch By Reuters

[ad_1] © Reuters. A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Japanese yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either provide some relief for the beleaguered currency or push

Yen rises after Japan ramps up intervention warning; US data weighs on dollar By Reuters

[ad_1] © Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The struggling yen rose from a one-year low against the U.S. dollar and a 15-year trough versus the euro on

Currency market shifts as Japanese officials hint at intervention By Investing.com

[ad_1] In the latest development in the currency market, the experienced a dip from 151.70 to under 151.20 following hinted intervention by Japanese officials. Officials Kanda, Suzuki, and Matsuno expressed their concern against “one-sided,” “speculative,” and “disorderly” movements, which led to this shift. Following this, the AUD and NZD rebounded after initial depreciation against the

Asia FX weakens, yen on intervention watch after breaching 150 By Investing.com

[ad_1] Investing.com– Most Asian currencies fell on Thursday as concerns over higher U.S. interest rates pushed up the dollar and Treasury yields, with traders now watching for any Japanese government intervention after the yen slid to a one-year low.  Dollar at near two-week high amid Fed jitters The and both rose 0.2% in Asian trade,

Japanese yen breaches 150, intervention in focus By Investing.com

[ad_1] © Reuters. Investing.com– The weakened past the key 150 level to the dollar on Thursday, raising the chances of intervention in currency markets by the government and also putting pressure on the Bank of Japan to consider tightening policy.  The yen fell 0.1% to an one-year low of 150.25 against the dollar, as anxiety

Dollar hits 150 yen then dips on intervention jitters By Reuters

[ad_1] © Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar touched the closely watched 150 level against the yen on Friday, before falling back again, as investors positioned for the Federal Reserve to hold rates

Can US Data Provide the Catalyst for FX Intervention?

[ad_1] Japanese Yen (USD/JPY) Analysis Currencies appear immune to moves in the bond market Markets taunt Japanese officials as USD/JPY is merely pips away from 150 US Q3 GDP and PCE data could provide the catalyst for FX intervention The analysis in this article makes use of chart patterns and key support and resistance levels.