Tag - forex

 
 

FOREX

Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
BUSINESS / Companies
Oct 30, 2023
Japan’s biggest firms set for $9.3 billion bonanza from weak yen
Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
The Bank of Japan is holding a two-day policy meeting through Tuesday.
BUSINESS / Economy
Oct 30, 2023
Ueda faces market fallout risk as BOJ mulls yields, prices and yen
In a sign of just how fraught the discussions on policy may be, BOJ officials are likely to monitor yield movements until the very last minute.
An increasing number of middle-aged men are using currency trading apps to buy and sell the yen to get short-term profits.
BUSINESS / Markets
Oct 26, 2023
Middle-aged salarymen exploit volatile yen with smartphone trades
Smartphone traders amplify volatility in currency markets by seizing on intraday moves, departing from a previous focus on interest rate differentials.
The yen's slide past ¥150 to the dollar has raised renewed speculation over possible government interventions in the currency market.
BUSINESS / Markets
Oct 26, 2023
Yen weakens close to three-decade low against U.S. dollar
The yen was trading well within the zone that saw authorities wade into the market last year.
A pedestrian walks past an electronic signboard showing data from the Tokyo Stock Exchange and on the Japanese yen after the currency rebounded slightly after hitting ¥150 to the U.S. dollar in overnight trading, along a street in central Tokyo on Oct. 4.
BUSINESS / Economy
Oct 24, 2023
Germany set to eclipse Japan as No. 3 economy in 2023, IMF says
The yen’s widely watched depreciation has played an outsized role in its projected slide in position.
The yen weakened to the ¥150-per-dollar level Monday, but just briefly, as investors betting on a further rise in dollar yields lost out to those expecting Japanese authorities will intervene in markets.
BUSINESS / Markets
Oct 23, 2023
Yen breaches ¥150 per dollar again, raising intervention risk
It touched ¥150.11 per the greenback in early Asian trading on Monday before quickly recovering.
An electric monitor displays the yen exchange rate against the U.S. dollar and the Nikkei share average outside a brokerage in Tokyo on Wednesday.
BUSINESS / Economy
Oct 6, 2023
Japan's re-defined intervention trigger may slow yen bears
The new interpretation of "excessive" yen volatility is aimed at keeping investors on guard rather than lowering the threshold for intervention.
BUSINESS / Markets
Oct 4, 2023
Yen rebounds from ¥150 to dollar as Japan mum on intervention
The yen quickly strengthened to ¥147.30 against the dollar, with its swift recovery sparking chatter that a quiet intervention had occurred.
Japan bought yen in September 2022, its first foray in the market to boost its currency since 1998, after a Bank of Japan decision to maintain an ultraloose monetary policy drove the yen as low as ¥145 per dollar.
BUSINESS / Markets / EXPLAINER
Oct 2, 2023
What intervention by Japan to stem yen weakness could look like
Aside from verbal intervention, the government has several options to stem what it considers excessive yen falls.
The yen's slide to the cusp of ¥150 per dollar has put investors on high alert for the risk of intervention.
BUSINESS / Markets
Sep 29, 2023
Yen intervention a hard sell even as 'red line' beckons
To make even a ripple in the $5 trillion currency market, the BOJ would need to draw down massive amounts of dollar reserves.
The yen remains vulnerable to sharp movements and government intervention even after its rally at the start of this week.
BUSINESS / Markets
Sep 12, 2023
Imminent Fed meet keeps yen intervention on agenda despite rally
U.S. inflation figures set to be released Wednesday are expected to show price growth accelerating for a second month in August versus a year earlier
Hiromi Yamaji, chief executive officer of Japan Exchange Group, says the yen is too weak and its benefits for Japanese stocks are diminishing.
BUSINESS / Economy
Aug 24, 2023
Yen’s too weak and benefits are waning, Japan bourse chief says
The yen has slipped below the levels where Japanese officials intervened last September to rein in the weakness in the currency.
BUSINESS / Economy
Aug 22, 2023
BOJ's Ueda meets Kishida but says yen volatility wasn't discussed
The talks took place after the dollar's recent ascent above ¥145, a level that last September triggered Japan's first yen-buying operation since 1998.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Markets / ANALYSIS
Aug 16, 2023
As yen enters intervention range, Japan's policymakers hold fire
With Japan now reaping some benefits from a weaker currency, intervention may not come as quickly as it did last year.
Finance Minister Shunichi Suzuki
BUSINESS / Markets
Aug 16, 2023
Yen option traders unfazed by risk of intervention from Japan
Option traders see little likelihood of intervention even if the yen weakens to ¥145.90 against the dollar.
The yen has depreciated about 3% since the Bank of Japan decided to tolerate higher benchmark bond yields on July 28.
BUSINESS / Markets
Aug 15, 2023
Yen weakens toward level that prompted September intervention
The currency has depreciated about 3% since the Bank of Japan decided to tolerate higher benchmark bond yields on July 28.
People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services in Beijing in September 2022.
BUSINESS / Markets
Aug 10, 2023
With blockchain 'bridge', China challenges U.S. dollar dominance
A Beijing-backed digital prototype for sending money around the world without relying on U.S. banks is advancing quickly.
Eisuke Sakakibara, former top finance official, says Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen.
BUSINESS
Aug 7, 2023
Japan's 'Mr. Yen' Sakakibara expects no intervention
The yen has fallen around 14% since the Fed began rapidly raising rates to combat soaring inflation in March 2022.
Nikko Asset Management is ditching its bearish view on the yen, and now has a ¥135 target against the dollar by year-end.
BUSINESS / Markets
Jul 20, 2023
Nikko Asset shifts to bullish yen slant as Ueda bides his time
The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
Japan Times
BUSINESS / ANALYSIS
Jul 14, 2023
Tumbling U.S. dollar a boon to risk assets across the globe
The greenback's tumble has come as U.S. Treasury yields have eased in recent days, dulling the dollar's allure while boosting a wide range of other currencies.

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Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan