Yen Appreciates by More than 4 Yen, Briefly Reaching the 155 Yen Level; Expectations of Interest Rate Hikes Expand in Japan, While They Recede in the US: Asahi Shimbun
4 Articles
4 Articles
On the foreign exchange market on the 3rd, the yen surged, briefly reaching the 155 yen level against the dollar. This represented a more than 4 yen appreciation of the yen against the dollar compared to 5 PM the previous day. It had been about a month since the yen reached the 155 yen level. In the United States, comments from members of the Federal Reserve Board, among others…
As of 2:00 PM: 1 US dollar = 155.35 yen ~ 155.36 yen Compared to the previous day: +1.68 yen 1 euro = 180.79 yen ~
The fear of new exchange rate interventions by Japan continues at the table of international investors. On Thursday (3), the Deputy Minister of Finance of Japan, Atsushi Mimura, said he was in a state of high alert, adding that he is neither satisfied nor calm with the recent movements of the currency. Yesterday (2), the yen again expanded the gains [...]
Amidst the strengthening yen in the foreign exchange market, Finance Minister Mimura indicated that the Ministry of Finance would remain on high alert regarding currency movements. Finance Minister Mimura: "Even now, I myself am neither satisfied nor at ease. I believe I myself will continue to be on high alert." While avoiding specific comments on currency trends, Finance Minister Mimura indicated a continued cautious stance. Following these re…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
