yen
Japan’s tepid warning on yen fuels renewed weakness ahead of IMF meetings
JAPAN’S finance minister warned he was ready to take action in the foreign exchange market if needed, but stopped short of his maximum threat, comments that fuelled renewed yen...
US dollar edges lower, yen at 34-year trough
THE US dollar retreated slightly from a five-month high on Monday (Apr 15), after its biggest weekly gain since 2022, as the prospect of stubbornly high US interest rates...
Greenback jumps; yen weakest since 1990 after strong US retail sales
THE greenback reached its highest since early November against a basket of currencies on Monday (Apr 15), and sent the yen to its lowest level since 1990, after US...
Japan’s finance minister says authorities are looking at factors behind yen moves
JAPANESE Finance Minister Shunichi Suzuki said on Friday authorities were analysing not just recent yen levels but factors that are driving the currency’s moves.In a press conference, Suzuki also...
US dollar weakens after producer prices data, falls below 153 against yen
THE greenback fell on Thursday (Apr 11) as weaker-than-expected US producer prices for March partly eased market concerns about persistent inflation, suggesting that even with recent strong economic data,...
Japan says it won’t rule out any FX action as yen hits 34-year low
JAPANESE Finance Minister Shunichi Suzuki said on Thursday (Apr 11) that authorities would not rule out any steps to deal with excessive exchange-rate swings after the US dollar surged...
US dollar soars to highest versus yen since mid-1990 after inflation data
THE yen weakened on Wednesday (Apr 10), pushing the greenback to its highest against the Japanese currency since 1990, with markets alert to any signs of intervention from the...
US dollar flat as investors await inflation data; focus on yen action
THE dollar was little changed on Tuesday (Apr 9), with investors cautious ahead of U.S. inflation data to be released on Wednesday, even as the yen hovered near multi-decade...
