Japan's finance officials, including Finance Minister Shunichi Suzuki, are considering intervention to stabilize the yen, which dropped to its lowest level since 1990. The recent interest rate hike in Japan has led to a significant drop in the yen's value, prompting discussions on intervention. Authorities have hinted at intervention options, with the government not ruling out any measures against excessive currency moves. Despite verbal interventions and meetings, the yen's depreciation continues, leading to intensified efforts to support the currency.
Still jawboning Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed https://t.co/tj5iXrWUr7
🇯🇵Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed Japan’s top currency official said 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. “I… https://t.co/SVdCyIDJ7R
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
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 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
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…
🔴 JAPAN'S PM KISHIDA: I WON'T COMMENT ON FOREX INTERVENTION.
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
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
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
Japan Amps Up Intervention Threat as Yen Hits Lowest Since 1990 - Fin Min Suzuki sends loud clear message https://t.co/UQNOI9RmiT
The yen dropped to its lowest level since 1990 before rebounding slightly after Japan's top monetary officials met to discuss the rapidly weakening currency and suggested they were ready to intervene https://t.co/iOnGkFhBtc https://t.co/NyTzusH8wg
Japan's recent interest rate increase, the first since 2007, has led to a significant drop in the yen's value, prompting officials to consider intervention to stabilize the currency. #CGTNAmerica https://t.co/l8kTYzukV0
Reported by @pboockvar: "The tough talk on yen intervention took another amp up today. A few days ago we heard some verbal intervention from the deputy finance minister and the market yawned. Today the finance minister himself Shunichi Suzuki said 'We are watching market…