Masayoshi Iwasaki

For Masayoshi Iwasaki's latest contributions to The Japan Times, see below:

Business | ON THE FRONT LINE Oct 18, 2001

World currency market groping for path

The world currency market is struggling to find its way amid uncertainty about what will ensue after the U.S.-led military campaign in Afghanistan. As for investment in dollar-based securities, market players are staying on the sidelines, opting to park their money in home markets. The current ...

Business Sep 21, 2001

Dollar, like America, no longer safe haven

The dollar, often considered a safe haven in times of international unrest, has been spurned on the world currency market of late. There is good reason. The current global unrest was spawned in no other place than the U.S. mainland. Fears are widespread that the financial upheaval ...

Business Aug 17, 2001

Dollar, yen both seen being weighed down

Last week's U.S. Federal Reserve report on stagnant regional economic conditions has weighed on the dollar's value. The dollar has fallen below 122.80 yen -- a strong support level on the chart -- and is now hovering around 120 yen. Given the ailing Japanese economy, however, ...

Business Jun 22, 2001

Ongoing concerns weigh heavily on yen

The yen could remain under downward pressure for some time amid concern over the nation's economic prospects. A preliminary government report showed early last week that gross domestic product fell 0.2 percent in the January-March quarter, while another government report conceded that the economy is ...

Business May 25, 2001

Specter of intervention points to firmer yen

The dollar, having risen to close to 127 yen in early April, has given up much of its recent gains and is now hovering around 120 yen. The currency market reacted positively to the inauguration of the reformist Cabinet of Prime Minister Junichiro Koizumi, but ...

Business Apr 26, 2001

Tentative trading set to dominate markets

Nervous trading appears likely to continue on the currency market, keeping the dollar-yen rate moving between 120 yen and 125 yen. Having climbed above 126 yen earlier this month, the dollar has given up much of its recent gains. Finance Ministry officials have repeatedly warned against ...

Business Mar 29, 2001

Both sides of Pacific sidestep weak yen stand

The yen has remained under downward pressure in recent weeks, fueling speculation that it will soon test its 1999 low of 124.75 to the dollar. A key downside factor has been the Bank of Japan's moves to increase liquidity in the financial system. The BOJ decided ...

Business Feb 28, 2001

Dollar to stay trapped in 114-118 yen range

The dollar appears likely to remain locked within a 114-118 yen range through much of March. With few signs of positive economic developments in sight to spur trading in any direction, the currency market is searching for guidance. At the latest meeting of finance leaders from ...

Business Jan 26, 2001

Yen fall now starting to raise eyebrows

The forthcoming regular meeting of the Federal Open Market Committee, the policy-setting arm of the U.S. Federal Reserve, will again be the focus of close attention. The Jan. 30-31 meeting follows close on the heels of the Fed's surprise interest rate cuts this month. Cutting ...

Business Aug 25, 2000

Yen looks poised to restart upward march

The yen has come largely unscathed through a recent spate of unnerving economic and corporate news, including the collapse of Sogo Co. Sogo's failure has refocused attention on the nation's structural problems, fueling speculation that credit rating agencies would downgrade Japan's sovereign debt rating. Then came ...