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The yen's rebound sparked speculation among traders that Japanese authorities would intervene
The yen rebounded on Tuesday after weakening and briefly dipping below 150 yen to the dollar. That prompted traders to speculate that Japanese authorities had intervened to prop up the yen. As the yen ... -
The yen experienced a roller coaster ride | global markets
Overnight market European and American stock markets fell on Tuesday (October 3), with the Nasdaq Composite index down 1.87% and the Dow Jones index wiping out its gains for the year. All big tech sto ... -
Japan's Finance minister: Ready to take measures against yen's sharp fall
Finance Minister Shunichi Suzuki said Tuesday that the government stands ready to act if the yen falls too sharply. "We are watching [the currency market] with a strong sense of urgency," Mr Suzuki sa ... -
The rise in Japanese government bond yields prevented the yen from falling
Benchmark Japanese government bond yields hit their highest level in a decade Monday, but that wasn't enough to halt the yen's continued slide. The rise in JGB yields and the fall in the yen have put ...- koykusanagi
- 2023-10-3 23:51
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Japan's finance minister pledged to take appropriate action against excessive yen volatility
With the yen at its lowest level in nearly a year, Japanese Finance Minister Shunichi Suzuki renewed his pledge to take action against the currency's sharp decline. "There is no change in our stance t ... -
The dollar approached the 150 yen mark, the level at which the Bank of Japan intervened last year
The yen is approaching 150 yen to the dollar, a level that prompted the Japanese government to step in to support the currency a year ago, but some analysts say it may not be ready to intervene again. ...