Tag: yen intervention,
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Japan’s April yen intervention set daily record as pressure persists
TOKYO, Aug 7 : Japanese authorities conducted a record single-day yen-buying intervention in foreign exchange markets in April, selling $40 billion of the country’s currency reserves, as they resumed massive yen-buying operations to stem the yen’s slide.Market participants remain on high alert for further int
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Japan keeps yen intervention threat alive, says in close touch with US
TOKYO, July 3 : Japan issued a fresh warning to currency markets on Friday as Finance Minister Satsuki Katayama said Tokyo was in regular contact with Washington on foreign exchange issues and remained ready to support the yen after it clawed its way back from 40-year lows.The yen got some relief from broad d
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Dollar steady as focus turns to US payrolls, yen intervention jitters persist
TOKYO, July 2 : The dollar held steady on Thursday as markets awaited key U.S. non-farm payrolls data, while the yen’s slide to 40-year lows against the greenback and thin trading ahead of a U.S. holiday kept traders on high alert for intervention.The dollar index, which measures the greenback against a baske
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Exclusive-Japan plans to better manage war chest for yen intervention, draft shows
TOKYO, June 24 : Japan’s government plans to examine ways to improve management of its $1.3 trillion foreign exchange reserves, a war chest for future yen intervention, according to a draft growth strategy report reviewed by Reuters on Wednesday. The plans reflect the government’s desire to boost returns
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Exclusive-Japan plans to better manage war chest for yen intervention, draft report shows
TOKYO, June 24 : Japan’s government plans to examine ways to improve management of its $1.3 trillion foreign exchange reserves, a war chest for future yen intervention, according to a draft growth strategy report reviewed by Reuters on Wednesday. The plans reflect the government’s desire to boost returns
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