Japan is concerned about the yen crossing 152 against the USD, with authorities hinting at intervention. Chief Cabinet Secretary Hayashi states no options are ruled out against excessive currency moves. The Nikkei falls over 1% amid currency intervention caution. Prime Minister Kishida emphasizes the need for Japan to keep monetary easing in place and warns against a weakening yen. Japanese officials are intensifying verbal intervention to support the yen, with a focus on preventing excessive swings in the exchange rate.
Could Japan intervene to boost yen during Easter weekend when many markets around world are closed through Monday? @marcmakingsense notes this has this has been central banks' modus operandi in past. Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High':…
Still jawboning Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed https://t.co/tj5iXrWUr7
As reported by Bloomberg, the Japanese authorities are intensifying their “verbal intervention” to support the currency, but so far, with limited success in reversing the Yen's depreciation, despite the Bank of Japan's rate hike and exit from YCC (yield curve control). #Japan… https://t.co/rMBLRnm9Jz
Japanese monetary authorities made a last-minute decision to reschedule an emergency meeting to discuss the weak yen earlier. https://t.co/oP5nFXudfq
Japan has no 'defensive line' against yen's fall, says finance chief: Japan has no specific "defensive line" at which it will intervene in the market to stem the yen's slide, the finance minister said Friday, amid speculation the… https://t.co/MP7mFLkDWZ #japannews #japantoday
Exclusive: Japan’s top currency official says recent yen weakness is odd and out of line with current economic fundamentals, reaffirming his commitment to act if needed to prevent excessive swings in the exchange rate https://t.co/IL7bGfeFhK
Japan flags 'speculative' yen moves, signals chance of intervention https://t.co/kVOokg0sX6 https://t.co/tUrqlqyzx6
⚠️ JAPAN FLAGS 'SPECULATIVE' YEN MOVES, SIGNALS CHANCE OF INTERVENTION Full Story → https://t.co/btnULElS4f Japanese Finance Minister Shunichi Suzuki said on Friday there were "speculative" moves behind recent yen declines, suggesting authorities remained on stand-by to… https://t.co/O17ZprNEGo
Japan brought forward emergency yen meeting to maximise market impact - rtrs
Japanese monetary authorities made a last-minute decision to bring forward to Wednesday an emergency meeting on the weak yen that was originally scheduled for Thursday, to maximise the impact of arresting sharp yen falls, a source with knowledge of the matter told Reuters.…
Japan brought forward emergency yen meeting to maximise market impact - source https://t.co/8d8o67tyfo https://t.co/t3y6iUSbhx
“SPECULATORS COULD BE CAUSING YEN WEAKNESS DUE TO FALLING INTEREST RATE DIFFERENTIALS” - #Japan #MOF Can someone show him Japan Debt/GDP chart? I am not sure speculators are to blame here 🤔 Narrator: clown show on steroids https://t.co/iSQqUuP2Wf https://t.co/gTek78wNRY
Japan has no 'defensive line' against yen's fall: finance chief https://t.co/tAnD9au0Q8
Morning Bid: Yen wary of holiday calm as Q1 curtain falls https://t.co/c3F7SDpI8f https://t.co/nfqXEMXBHb
Usage of a key Fed facility for foreign central banks rose as Japanese officials this week stepped up warnings they would act to halt the slide in the yen https://t.co/121rqqjPJG
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Marc Chandler FX expert @marcmakingsense @BannockburnFX, sees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line in sand for yen…
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Marc Chandler FX expert @marcmakingsense @BannockburnFX, csees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line in sand for yen…
Odds of Japan FX Intervention While U.S, EU Markets Closed 'Relatively High': Mark Chandler @marcmakingsense @BannockburnFX, covering FX market for decades sees Friday's holiday-closed markets as perfect time for Japan to intervene. He also says gov't may be wary of drawing line…
Japan only halfway to ending deflation: PM Kishida https://t.co/vPNXmOyS3E
Prime Minister Fumio Kishida presses the need for keeping in place Japan’s monetary easing, while he repeats his administration’s warning against a weakening yen https://t.co/EtqMb3TXi6
Japan's Kishida calls it appropriate for BOJ to keep easy policy https://t.co/OuLCm07Wcg
⚠️ JAPAN PM KISHIDA SAYS APPROPRIATE FOR BOJ TO KEEP EASY POLICY Full Story → https://t.co/fTzwkaZFCD Japanese Prime Minister Fumio Kishida said on Thursday it was appropriate for the central bank to maintain accomodative monetary conditions. https://t.co/6meIINNZwK
JAPAN PM KISHIDA: WON'T COMMENT ON TIMING OF NEXT BOJ RATE HIKE
🔴 JAPAN'S PM KISHIDA: I WON'T COMMENT ON FOREX INTERVENTION.
🔴 JAPAN'S PM KISHIDA: HIGHER EARNING POWER AND WAGES AT SMES ARE KEY.
JAPAN PM KISHIDA: WE ARE STILL HALF WAY IN COMPLETELY EMERGING FROM DEFLATION
JAPAN PM KISHIDA: JAPAN EXPERIENCING HISTORICAL CHANCE TO COMPLETELY EMERGE FROM DEFLATION
Kishida says Japan is not yet ready to declare the end of deflation. https://t.co/ds44ua49m2
Yen on intervention watch; Asia shares creep higher - Reuters https://t.co/spqNAKTVkF
Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up https://t.co/0jHzBR5ClQ https://t.co/Vz4iqFEjz2
🔴 BOJ'S SUZUKI: WE NEED TO KEEP THE RISK OF RISING LONG-TERM YIELDS IN MIND.
🔴 BOJ'S SUZUKI: WILL CONTINUE EFFORTS TO REACH THE PRIMARY BALANCE TARGET.
🔴 BOJ'S SUZUKI: WILL CONTINUE EFFORTS TOWARD REVENUE AND SPENDING REFORM.
🔴 BOJ'S SUZUKI: MUST BE MINDFUL OF RISK THAT RISING LONG-TERM INTEREST RATES COULD PUSH UP COST OF FUNDING DEBT AND WEIGH ON JAPAN'S FISCAL STATE.
🔴 BOJ'S SUZUKI: BOJ HAS SAID ACCOMMODATIVE MONETARY CONDITIONS ARE LIKELY TO CONTINUE.
🔴 BOJ'S SUZUKI: MAY REDUCE NEW BOND ISSUANCE IN THE FISCAL YEAR 2024 BUDGET.
⚠️ MORNING BID: UNRUSHED FED SEES OUT BUOYANT Q1, DOLLAR REVS UP Full Story → https://t.co/OeuuOCMDNJ A look at the day ahead in U.S. and global markets from Mike Dolan https://t.co/noRNdSPSxm
History of Japan’s Intervention in Currency Markets https://t.co/deGoO4EDmd
Explainer: What would Japanese intervention to boost a weak yen look like? https://t.co/ObjKIlmsRF https://t.co/LTlVJFcYC8
What Would Japanese Intervention to Boost a Weak Yen Look Like? https://t.co/vTQUjIMY0o
⚠️ EXPLAINER-WHAT WOULD JAPANESE INTERVENTION TO BOOST A WEAK YEN LOOK LIKE? Full Story → https://t.co/e85BCaS5H6 Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any… https://t.co/7ZeHvxHF1u
Japan Repeats Verbal Warning to Yen Bears, BOJ Keeps Dovish Tone https://t.co/b9TduzVMI1
History of Japan's intervention in currency markets https://t.co/QAEMW3Je79 https://t.co/tZTzDQOirB
Morning Bid: Yen traders on tenterhooks https://t.co/9cMnhKvDM7 https://t.co/5Z223hzvV8
🇯🇵 #Japan #yen: Authorities hint at intervention option – Reuters https://t.co/ABTN9dF9EW
⚠️ HISTORY OF JAPAN'S INTERVENTION IN CURRENCY MARKETS Full Story → https://t.co/Byi71khsI8 Japanese authorities held an emergency meeting this week to discuss the weak yen and suggested they were ready to intervene in the market to stop what they described as disorderly and…
Standard Chartered says Japan 'very, very close' to yen intervention https://t.co/JJmZXfV86G
⚠️ MORNING BID: YEN TRADERS ON TENTERHOOKS Full Story → https://t.co/4OL6Hf14l6 A look at the day ahead in European and global markets from Vidya Ranganathan.
Japan won't rule out any options on currency moves, says government spokesman https://t.co/18mXR290Qp https://t.co/OrUH86sJEj
Japan’s Nikkei Falls over 1% amid Currency Intervention Caution https://t.co/6ypRYGPUhX
Yen on intervention watch; Asia shares subdued https://t.co/7ZNcEUzYuQ https://t.co/0ykDaJvA5X
Japan won’t rule out any options on currency moves, says government spokesman https://t.co/U6UVxoAdYR
🔴 JAPAN CHIEF CABINET SECRETARY HAYASHI: NO OPTIONS RULED OUT AGAINST EXCESSIVE CURRENCY MOVES
#JustDarioDaily ⚠️WHY IS #JAPAN SO SCARED ABOUT $JPY CROSSING 152 AGAINST THE $USD? 👀⚠️ TL;DR: It looks like #Japan #BOJ #MOF and #FAS trying all they can to bailout a big Japanese financial institution… https://t.co/0rNKI9O4Vl