Share: USD/JPY has broken above the 149 level. Economists at MUFG Bank analyze Yen’s outlook. Opposition to currency weakness remains firm We continue to see a high chance of intervention but only after a break above the 150 level when there is a higher chance of stops fuelling volatility and ‘disorderly’ price action
© Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/file photo By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t rule
Japan Corporate Service Price Index (YoY) above forecasts (1.8%) in August: Actual (2.1%) لینک منبع : هوشمند نیوز
We had the heads-up from Kishida on this last week . He said the package will include measures to counter inflation, and social measures to counter declining population. Kishida reiterates that the package will cushion people from rising prices. Sheesh, the government and BOJ says it working together to lock in inflation stably and sustainably.
More again from Bank of Japan Governor Ueda, trying his hand at some verbal intervention to support the yen. Who wants to tell the Gov that a 500-odd bp yield differential between the US and Japan is a very strong fundamental that is moving the USD/JPY rate? Ueda: important for FX to move stably reflecting
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© Reuters. The Japanese yen fell sharply on Friday after the Bank of Japan (BOJ) decided to keep interest rates in negative territory at -0.1 percent. This decision came just days after the Federal Reserve signaled that U.S. borrowing costs would remain high, exerting pressure on the Japanese currency and raising the possibility of government
JAPANESE YEN – USD/JPY OUTLOOK Bank of Japan’s decision on Friday will steal the limelight. BoJ is expected to stand pat on monetary policy, but could subtly signal that a change in strategy in looming on the horizon. This article looks at key USD/JPY levels to watch in the coming days Trade Smarter – Sign
© Reuters. FILE PHOTO: Takehiko Nakao, former vice finance minister for international affairs and former president of Asian Development Bank, speaks during an interview with Reuters in Tokyo, Japan December 27, 2022. REUTERS/Issei Kato/File Photo By Tetsushi Kajimoto TOKYO (Reuters) – Japan could intervene again to support the yen if it declines further, former top
It is fully possible that Tokyo will conduct intervention in case the yen weakens further Amid a weakening yen, BOJ may have no choice but to normalise monetary policy That includes exiting negative rates and ending yield curve control He also says that markets shouldn’t take things lightly and think that a threat of intervention
