Once-Unthinkable 200 Yen Coming Into Market View

Once-unthinkable 200 yen coming into market view

TOKYO — The Japanese capital is seeing a bull market in deja vu as policymakers man the battle stations against speculators dumping the yen. With the Japanese currency on the verge of slipping to the psychologically important 160 to the dollar level, Ministry of Finance officials are pulling out all the stops to keep it […] The post Once-unthinkable 200 yen coming into market view appeared first on Asia Times.

Japanese Yen Plummets: Household Spending Collapse Sends USD/JPY Surging Toward Critical 160.00 Threshold

BitcoinWorld Japanese Yen Plummets: Household Spending Collapse Sends USD/JPY Surging Toward Critical 160.00 Threshold TOKYO, Japan – The Japanese Yen experienced significant downward pressure today as disappointing household spending data triggered renewed selling, pushing the USD/JPY currency pair dangerously close to the psychologically important 160.00 level that market participants have monitored for months. Japanese Yen Slides After Weak E…