yen

Japan spent billions to prop up the yen. Why is it still weak?

The US-Israel war with Iran has added fresh pressure on the yen

Finance minister says Japan can take decisive action under joint statement with US.

Japan warns of ‘decisive action’ to defend yen as FX reserves tumble

The 160 level is widely seen in markets as a line in the sand for potential official intervention

Yen-buying intervention requires selling foreign assets, of which Japan held about US$1 trillion at the end of April.

Yen back in danger zone as Tokyo officials keep investors on edge

The currency has been battered by the three-month-long Middle East crisis

Yen traded at 158.47 as of 10.17 am in Tokyo on Friday (May 15), putting it on track for its biggest weekly loss in two months.

Yen’s week-long slide puts traders on guard for intervention

The currency has now retraced more than half of the gains triggered by multiple rounds of intervention

Former Bank of Japan Governor Haruhiko Kuroda said Japan’s economy was in “extremely good shape” and inflation was moving around the central bank’s 2 per cent target.

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived

[TOKYO] Japan’s recent foreign exchange intervention may have kept the yen from sliding below the 160-per-dollar mark but it is unlikely to have a lasting effect in propping up the sagging currency, f...

The yen shot from about 157.75 to the dollar to 156.75 in a space of a few minutes.

Sudden yen jump stokes rate check speculation

[TOKYO] The Japanese yen jumped suddenly on Tuesday (May 12), stoking speculation of a “rate check,” which is often a precursor to currency intervention.

A reopening of the Strait of Hormuz and easing oil prices will help relieve pressure on the yen.

USD/JPY pullback remains corrective as intervention risk persists above 160

THE US dollar-Japanese yen currency pair, commonly known as USD/JPY, is one of the most actively traded foreign exchange pairs globally. The currency pair is closely watched because of its sensitivity...

Japanese authorities spent a total of around US$100 billion in buying the yen several times in 2024 after the currency tumbled to around 160.17.

Yen spikes to 10-week high and sparks intervention chatter

Japan has 30-intervention firepower but will wait for better timing to save reserves

Satsuki Katayama, Japan’s finance minister, said on Monday that the authorities can take bold action on speculative currency moves in line with a US-Japan agreement.

Japan has two more windows for yen intervention by IMF rules

Market participants anticipate the currency resuming its weakening trend with or without such manipulation

Japan has bought yen before in 2022 and 2024, as the currency’s real-terms slump to record lows drove up import costs.

Yen suddenly jumps on talk of possible intervention

Japanese officials have so far declined to comment on whether they have intervened