© 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
© Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley TOKYO (Reuters) – The dollar remained firm against a basket of peers on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while the yen continued to hang close
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
Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan’s ‘top currency diplomat’. Making some verbal intervention remarks: Dealing appropriately with FX moves Closely communicating with us, overseas FX authorities Closely watching FX moves
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) – The euro got a lift on Tuesday from a report that indicated the European Central Bank may soon start discussing how to drain some of
Recommended by Daniel Dubrovsky How to Trade EUR/USD The US Dollar mostly underperformed against its major counterparts this past week, especially against the Chinese Yuan, Canadian Dollar and Australian Dollar. Meanwhile, the Greenback had better luck against the British Pound and the Euro. EUR/USD confirmed a 9th consecutive weekly loss, the longest losing streak since
© Reuters. Investing.com – The U.S. dollar fell in early European trade Monday, retreating from a six-month high, while the Japanese yen surged as comments from Bank of Japan Governor Kazuo Ueda signaled a potential change in monetary policy. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of
US Dollar, DXY Index, USD/JPY, Ueda, BoJ, USD/CNH, China, India, Commodities – Talking Points US Dollar is under pressure as BoJ Governor’s Comments Shake Currency Markets Government bond yields are higher globally with JGBs leading the way The ascending trend remains in play for the DXY index for now. Will it reverse? Recommended by Daniel
© Reuters. Investing.com– Most Asian currencies rose on Monday, recovering a measure of recent losses as the dollar fell sharply from a near six-month peak, while the Japanese yen surged as Bank of Japan head Kazuo Ueda flagged a potential pivot away from negative interest rates. Positive inflation data from China also aided broader sentiment,
Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Intervention, JGB, Yields, – Talking Points USD/JPY recoiled lower on Monday after remarks from BoJ Governor Ueda The BoJ might be prepping the market for policy adjustments further down the track The yield spread between JGBs and Treasuries might be worth watching Recommended by Daniel McCarthy Trading Forex
