Tag - yen

 
 

YEN

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.
Finance Minister Satsuki Katayama attends a budget committee session in April.
BUSINESS / Markets
Jun 23, 2026
Katayama-Bessent call pulls yen back as it approaches four-decade low
The currency strengthened so fast that some traders suspected that intervention was underway.
The yen is near 39-year lows again and has been trading above ¥160 to the dollar for about a week.
BUSINESS / Economy
Jun 22, 2026
Yen continues to test fresh lows as Nikkei 225 hits new highs
Verbal intervention in the currency market has been more tempered than in the past.
Toichiro Asada disagreed with his peers on the biggest risks facing the economy as he voted against the Bank of Japan’s most recent interest rate hike.
BUSINESS / Economy
Jun 22, 2026
Dissent by Takaichi’s BOJ pick hints at case for faster hikes
Toichiro Asada, the first policy board member appointed by Prime Minister Sanae Takaichi, left little doubt about his commitment to monetary stimulus.
The yen traded above the ¥161-to-the-dollar mark all day Friday in Tokyo.
BUSINESS / Markets
Jun 19, 2026
Yen nears four-decade low, and Katayama issues warning
The finance minister’s comments were not as strong as those made in April before intervention.
Japan's core consumer prices, excluding fresh food, in May rose 1.4% from a year earlier, matching the lowest level since 2022.
BUSINESS / Economy
Jun 19, 2026
Japan’s inflation holds steady as subsidies restrain energy
Core consumer prices, excluding fresh food, rose 1.4% year on year in May, in line with economists’ expectations and matching the lowest level since 2022.
The Nikkei 225 stock average broke 71,000 for the first time on Thursday while the yen remained weak.
BUSINESS / Markets
Jun 18, 2026
Yen hits 23-month low and Nikkei 225 breaks 71,000 for first time
Japan’s currency is now well within the range considered by many investors to be the red line for intervention.
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.
Former Bank of Japan Gov. Hideo Hayakawa
BUSINESS / Economy
Jun 9, 2026
BOJ may raise rate in June and October, former official says
The BOJ is widely expected to raise its benchmark interest rate a quarter percentage point, in what would be the first adjustment since December.
The yen is back above ¥160 to the dollar, considered by some investors to be a red line for Japanese authorities.
BUSINESS / Markets
Jun 8, 2026
Yen lingers above ¥160 to the dollar ahead of BOJ meeting
Japan’s currency lost all the gains from the last intervention in about a month.
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.
Mitsubishi UFJ Asset Management warned that the Bank of Japan may need a larger or unscheduled rate hike, saying an expected increase this month may not be enough to halt the yen’s slide and weakness in government bonds.
BUSINESS / Companies
Jun 5, 2026
Mitsubishi UFJ says Japan may need jumbo rate hike to boost yen
Mitsubishi UFJ Asset Management said a larger or out-of-cycle Bank of Japan rate hike can’t be ruled out, warning that an expected increase this month may not be enough to prevent further declines in the yen and Japanese government bonds.
Vice Finance Minister for International Affairs Atsushi Mimura speaks to reporters in Tokyo on May 1 following reports of Japan's possible intervention in the currency market.
BUSINESS / Markets
Jun 5, 2026
Japan likely sold Treasurys to fund yen intervention
Treasury sales may not go down well in Washington where officials have become increasingly focused on the stability of the U.S. government bond market.
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.
The yen has remained weak since the last government intervention a month ago.
BUSINESS / Markets
Jun 3, 2026
Yen back at ¥160 to the dollar about a month after massive intervention
The currency is now near the level that some traders believe is the red line for the government and will lead to another major effort to prop up the currency.
While the total number of visitors to Japan have wavered as the Middle East conflict hurts travel demand, tourists from places like Taiwan, South Korea and Southeast Asia have been increasing this year and the weak yen is encouraging them to spend.
BUSINESS / Companies
Jun 2, 2026
Japan’s duty-free sales climb in May as tourism boom endures
Japanese department stores are rebounding from a shaky start to the year as lingering political tensions kept many Chinese tourists away.
Finance Minister Satsuki Katayama's comments on the yen came after the Finance Ministry disclosed monthly intervention data on Friday.
BUSINESS / Economy
Jun 2, 2026
Katayama restates readiness to act on yen after data shows record intervention
Ministry figures released Friday show that Japan spent ¥11.73 trillion supporting the yen between April 28 and May 27, in a record for a monthlong period.
Yen underperformed all its Group-of-10 peers in May despite record spending by Japan.
BUSINESS / Economy
Jun 1, 2026
Yen defies record intervention as wait for BOJ hike raises risks
The currency underperformed all its Group-of-10 peers in May despite record spending by Japan, putting it in danger of weakening to 160 against the dollar before June 16.
Passersby walk past a screen displaying the Nikkei share average and current yen exchange rate against the U.S. dollar outside a brokerage in Tokyo on Monday.
BUSINESS / Markets
May 30, 2026
Japan used record $73.6 billion to support yen over past month
Finance Ministry data for the month from April 28 to Wednesday showed a total intervention of ¥11.73 trillion ($73.6 billion) over a period marked by several spikes in the yen.

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