Yen’s changing fortunes might finally be spooking the bears
LONDON/SINGAPORE/TOKYO – Just six weeks after hitting a four-decade low against the dollar, the tide appears to be…
SoftBank Group sets 4.75% coupon for 1 trillion yen retail bond – Nikkei Asia
SoftBank Group sets 4.75% coupon for 1 trillion yen retail bond Nikkei AsiaSoftBank pays double the market rate to…
Yen weakens past ¥160 per dollar, eroding intervention gains
The yen weakened past the key ¥160-per-dollar level as it extends a slide that’s erased more than half…
Japan spends record ¥15.39 trillion in July-August forex interventions
Japanese authorities spent ¥15.39 trillion in foreign exchange market interventions from July 30 to Wednesday, the Finance Ministry…
Firms in Japan seek new hedges, bracing for long era of yen weakness
Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets…
Japan’s decline goes deeper than a falling yen
As the Japanese yen faces a rapid decline, the US last week stepped in to save the day.…
Japan end of June government debt hits record ¥1.3 trillion
Japan’s central government debt totaled a record ¥1.34 trillion at the end of June, up ¥2.84 trillion from…
U.S. Treasury chief’s ‘whatever it takes’ vow to help yen masks limited firepower
Treasury Secretary Scott Bessent’s suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called…
Dollar steadies after payrolls drop, inflation data eyed
LONDON: The U.S. dollar steadied at a near two-month low on Monday following Friday’s soft jobs data, as…
Kishida sees growth strategy as game changer for yen
Joint U.S.-Japan intervention has supported the yen for now, but isn’t a game-changer for the currency or the…
Japan to announce joint yen intervention with US, sources say
Investing.com — Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington jointly intervened in…
Market to look out for hints of next rate hike from BOJ
The Bank of Japan is expected to keep interest rates steady this week but all eyes are on…