Japan Will Take ‘Appropriate’ Action Against Excessive Yen Moves, Top Currency Diplomat Says

Asian shares extend tech rally, yen under pressure

Asian equities opened higher, mirroring gains in US stocks and fueling hopes for a year-end rally. Investors are closely watching China's loan prime rates and upcoming economic data from the UK, US, and Japan for clues on central bank policy. Meanwhile, oil prices climbed amid US actions in Venezuela, and Bitcoin and silver saw modest gains.

BREAKING NEWS: Japan will respond to excessive yen volatility: Finance Ministry official

BREAKING NEWS: Japan will respond to excessive yen volatility: Finance Ministry officialRead full story here

Asia FX Stalls: Dollar Holds Firm As Yen Intervention Threat Looms Large

BitcoinWorld Asia FX Stalls: Dollar Holds Firm as Yen Intervention Threat Looms Large The forex markets opened the week with cautious trading as Asian currencies showed limited movement against a resilient US dollar. After posting solid gains last week, the greenback’s stability has created a holding pattern across the region, with all eyes fixed on the Japanese yen and the looming possibility of government intervention. For cryptocurrency trade…

Yen bears emboldened by no-surprises BOJ

Japan’s Yen Debasement – Robin J Brooks

Japan’s nationwide forex, the yen, has skilled a big and extended interval of depreciation, elevating profound questions concerning the Financial institution of Japan’s (BOJ) financial coverage and its long-term financial implications. This sustained weak spot of the yen, significantly evident from late 2021 by early 2024, has sparked intense debate amongst economists and policymakers globally, ... Read more The post Japan’s Yen Debasement – Rob…