Tag - dollar

 
 

DOLLAR

The yen has been trading well within intervention territory for about a week.
BUSINESS / Markets
Jun 26, 2026
Yen’s decline makes perfect sense to some analysts
They have started to wonder whether there is really much at all holding the currency up.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
The European Union will move one step closer on Tuesday to creating a digital euro when EU lawmakers hold a long-awaited vote on the virtual currency.
BUSINESS / Markets
Jun 23, 2026
EU looks to digital euro to cut reliance on U.S. payment technology
European officials often point to Washington’s 2025 sanctions against International Criminal Court judges to illustrate the grip of U.S. firms.
Sony is preparing its first U.S. investment-grade bond sale in nearly 30 years, according to a source familiar with the matter.
BUSINESS / Companies
Jun 23, 2026
Sony plans its first dollar-bond sale in nearly three decades
Selling dollar-denominated debt is more attractive to Japanese companies since BOJ policy tightening has put its benchmark interest rate at the highest level since 1995.
What is known as the yen carry trade, which involves borrowing in the relatively low-yielding Japanese currency and investing in other currencies offering higher returns, is thriving again.
BUSINESS / Markets
Jun 15, 2026
Yen short bets jump to nine-year high as carry trade revives
Leveraged funds increased their bearish positions on the yen to over 115,000 contracts in the week through June 9, the highest level since November 2017, data has shown.
Yen and U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration
BUSINESS
Jun 6, 2026
Yen falls to pre-intervention levels after solid U.S. jobs data
As of 5 p.m. Friday, the greenback stood at ¥160.28 to 160.38, up ¥0.31 from the previous day.
The Japanese government and the Bank of Japan conducted foreign exchange market interventions totaling over ¥11 trillion between April 28 and May 27.
BUSINESS
Jun 4, 2026
Japan official calls forex intervention a key tool to send message
Such intervention should be used when foreign exchange market moves that clearly deviate from economic fundamentals persist, Mimura said.
Initial analysis of Bank of Japan accounts indicates as much as ¥10 trillion ($63 billion) was spent to bolster the yen from April 30 through May 6.
BUSINESS / Markets
May 28, 2026
Japan intervention data eyed as yen hovers near 160 per dollar
A person familiar with the matter said intervention took place on April 30 and price moves through May 6 bear the hallmarks of government purchases.
As U.S.-backed stablecoins move closer to widespread global adoption, China is preparing to counter growing dollar dominance by expanding the digital yuan and cross-border payment systems in emerging markets.
COMMENTARY / World
May 28, 2026
China will fight back if digital dollars corner global savings
Anything that entrenches the U.S. currency’s hegemony in countries like Pakistan, Sri Lanka, Turkey, Egypt or Sudan goes against China’s strategic interest.
Bank of Japan Gov. Kazuo Ueda has been taking time to gauge the effects of the conflict in the Middle East.
BUSINESS / Economy
May 21, 2026
Bank of Japan might be behind the curve on interest rate increases
The wait-and-see approach is becoming an issue with yen weak, bond prices falling and doubts increasing about fiscal discipline.
Group of 20 leaders hold a working lunch at the group’s summit in Osaka in June 2019. Japan is facing growing economic and geopolitical challenges as globalization gives way to a more fragmented world. 
COMMENTARY / Japan
May 20, 2026
Japan’s challenge in a world moving beyond old alliances
The emerging world order is likely to be more fragmented, more competitive and more uncertain.
Morgan Stanley Japan chief Alberto Tamura said warned the yen could weaken to 170 versus the dollar or gain to 140 depending on how the Bank of Japan decides to act.
BUSINESS / Companies
May 20, 2026
Morgan Stanley Japan head says BOJ hike key to strengthening yen
If the central bank fails to raise interest rates in June, that would have an impact on the bond and currency markets, Alberto Tamura said in an interview.
While refraining from confirming intervention to support the yen, Japan’s top currency official said authorities are prepared to respond on all fronts to speculative moves.
BUSINESS / Markets
May 11, 2026
Yen bears retreat as intervention seen capping currency weakness
The pullback followed multiple rounds of intervention by Japanese authorities starting April 30 and through the Golden Week holiday.
Talk about Japan’s market action has dominated trader discussions in recent days, with many seeing the 160 level as a trigger point for currency officials.
BUSINESS / Markets
May 7, 2026
Yen spikes to 10-week high and sparks intervention chatter
Japan is prepared to respond on all fronts to speculative moves in the foreign exchange market, the nation’s top currency official signaled.
Finance Minister Satsuki Katayama speaks during a news conference in Samarkand, Uzbekistan, on Monday.
BUSINESS / Markets
May 6, 2026
Yen rallies to build on gains spurred by recent intervention
Japan’s currency rose as much as 1.8% to ¥155.04 per dollar in Asia trading, its strongest level since Feb. 24, before paring the move to trade around ¥156.37.
The yen has traded in a narrow ¥158 to ¥159 range against the dollar for two months as Japan steps up efforts to contain further weakness.
COMMENTARY
May 5, 2026
‘Keep phones on,’ Tokyo warns as yen battle intensifies
Traders are going to need to hold onto their devices going forward, as these kinds of interventions are becoming the new normal.
The Federal Reserve said on Wednesday that it needed to hold rates steady because “developments in the Middle East are contributing to a high level of uncertainty about the economic outlook.”
BUSINESS / Economy
May 2, 2026
The world’s central banks are wrestling with a gigantic problem
Surging inflation, an economic slowdown, and uncertainty over how long the energy shock will last has forced central banks to adjust.
While yields on euro-denominated bonds tend to be lower than those in dollars, investors are currently able to generate extra yield pickup by using swaps.
BUSINESS
Apr 30, 2026
Japan’s record sales of euro bonds show historic funding shift
Japan’s largest trading firm, Mitsubishi, raised €1 billion from its inaugural euro-denominated bond offering in February.
An oil tanker is docked unloading crude oil at the port in Qingdao, in China's eastern Shandong province, on April 7.
BUSINESS
Apr 14, 2026
Xi’s petroyuan dream gets new life from Trump’s war in Iran
The conflict is spurring a fresh wave of enthusiasm over prospects for China’s currency to more effectively rival the U.S. dollar.
China is quietly laying the financial plumbing to weaken the dollar’s dominance by expanding the interest-bearing e-CNY at home and pushing blockchain-based cross-border payment systems abroad.
COMMENTARY / World
Mar 29, 2026
China tests new payment rails in challenge to ‘King Dollar’
With little fanfare, China’s e-CNY, the official digital currency, has gone from being interest-free cash to a yield-bearing product of commercial banks.

Longform

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