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Chikako Mogi
Japan Times
BUSINESS
Nov 10, 2022
Yen speculators bow to Japan’s stealth strategy as CPI looms
Unannounced currency intervention, ramped-up bond buying and an extra budget have helped Japan show financial markets that it is standing its ground on stimulus.
Japan Times
BUSINESS
Oct 26, 2022
Vulnerable yen’s bigger problem now importers, not speculators
Japan's need for foreign goods creates constant demand for dollars that is insensitive to yield differentials, technical levels and expectations for monetary policy.
Japan Times
BUSINESS
Oct 21, 2022
Fall past ¥150 has yen watchers wondering when Japan will act
The currency has weakened by more than u00a54 per dollar since Japan stepped into the market in September.
Japan Times
BUSINESS / Markets
Oct 17, 2022
Tokyo traders speculate on possibility of stealth intervention in yen
By one estimate, authorities may have spent around u00a51 trillion to support the currency.
Japan Times
BUSINESS
Oct 17, 2022
Traders watch for response from Japan as yen approaches ¥150 against dollar
Finance Minister Shunichi Suzuki reiterated to reporters on Monday that the country will take bold action if there are speculative foreign exchange moves.
Japan Times
BUSINESS
Oct 14, 2022
Japan keeps up yen warnings, declines to say if intervened
The currency fell to u00a5147.67 per dollar, the weakest since August 1990, before bouncing back in choppy trading.
Japan Times
BUSINESS
Oct 12, 2022
Yen weakens past level that triggered last intervention
The currency fell to u00a5146.23 per dollar, surpassing the u00a5145.90 level that prompted Japan's first intervention to buy the yen since 1998.
Japan Times
BUSINESS
Sep 14, 2022
Yen rallies on reports of a BOJ precursor to intervention
Japan's currency rose more than 1% to around the u00a5143 level against the dollar after falling to u00a5144.96 early in the Asian session.
Japan Times
BUSINESS
Sep 7, 2022
Yen plunge worsens despite strongest government warnings yet
The renewed selloff in U.S. Treasurys this month has widened the yield gap between the U.S. and Japan, pushing the yen to a 24-year low.
Japan Times
BUSINESS / Markets
Aug 30, 2022
Yen’s reversal toward ¥140 revives talk of currency intervention
The Japanese currency has tumbled close to 4% this month and traded around the u00a5138.50 level Tuesday.
Japan Times
BUSINESS / Markets
Aug 22, 2022
Yen weakness returns ahead of Jackson Hole with ¥140 level back in play
The greenback jumped almost 3% against the yen last week, helped by a spike in Treasury yields as traders readied for hawkish Federal Reserve commentary at the event.
Japan Times
BUSINESS
Aug 10, 2022
Demand for bonds is back, with BOJ no longer the only buyer in town
A pullback in bets on a Bank of Japan policy tweak resulted in record monthly purchases from overseas funds in July.
Japan Times
BUSINESS
Aug 8, 2022
Japanese life insurers dump record foreign debt in volatile July
Lifers disposed of a net u00a51.56 trillion ($11.5 billion) of the securities while trust banks' trust accounts sold u00a5865.8 billion of the notes, data shows.
Japan Times
BUSINESS / FOCUS
Aug 8, 2022
Yen shorts fall out of fashion as recessionary fears end year’s hottest forex trade
Three key pillars of the sell-the-yen trade — a widening U.S.-Japan interest-rate gap, soaring oil prices and the loss of the currency's haven status — are crumbling.
Japan Times
BUSINESS / Markets
Aug 4, 2022
Mr. JGB says markets need to prepare for BOJ buying fewer bonds
The Ministry of Finance has started looking into ensuring there's sufficient liquidity in the market, said Michio Saito, who heads the department that oversees debt issuance.
Japan Times
BUSINESS / Markets
Jul 11, 2022
Yen selling accelerates as Japan policies earn public backing
The currency fell as much as 0.9% against the dollar, breaching the closely watched 137 level.
Japan Times
BUSINESS
Jun 13, 2022
Yen tumbles to lowest since 1998, sparking Kuroda warning
The yen has tumbled almost 15% this year, making it the worst-performing major currency.
Japan Times
BUSINESS
May 13, 2022
The yen is now resurgent even as broad dollar strength persists
Analysts say the yen has plenty of room to recover as the Bank of Japan has stuck to a dovish tone even as other major central banks have tightened policy.
Japan Times
BUSINESS
May 11, 2022
Goldman Sachs says yen shows significant value as a recession hedge
The relentless selling of the yen looks to have come to an end and some green shoots of positive commentary are beginning to appear.
Japan Times
BUSINESS
Apr 20, 2022
BOJ further boosts bond buying as yields advance to policy limit
The move capped Japan's benchmark 10-year yield at the 0.25% upper limit of the BOJ's tolerated trading band while U.S. Treasurys hovered just below 3%.

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