With the yen now at shooting distance from the key psychological level of 155 against the dollar after this week\u2019s market jolt, investors have started to consider how weak the currency must go before the finance ministry intervenes again.<\/p>\n
Sanae Takaichi\u2019s surprise win in the Liberal Democratic Party leadership election has pushed Japan\u2019s currency down to 152.65 against the dollar, its lowest level since February, and to a fresh trough against the euro. It has also triggered a reaction from Japan\u2019s Finance Minister Katsunobu Kato who said on Tuesday that he will closely watchBloomberg Terminal<\/a> any excessive moves in the foreign exchange market.<\/p>\n","protected":false},"excerpt":{"rendered":"With the yen now at shooting distance from the key psychological level of 155 against the dollar after…\n","protected":false},"author":2,"featured_media":196967,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[22466,3244,45,49,48,7897,1781,77557,2454,97571,97572,19952,100,17709],"class_list":["post-196966","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-bank-of-japan-the","tag-bonds","tag-business","tag-ca","tag-canada","tag-currency","tag-democratic-party","tag-euro-spot","tag-japan","tag-japanese-yen-spot","tag-katsunobu-kato","tag-liberal","tag-markets","tag-us-dollar-spot"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=196966"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/196967"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=196966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=196966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=196966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}