BOJ

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY is accepting offers to update the 14-week low during the four-day downtrend. BOJ’s Noguchi teases stimulus withdrawal to propel JPY lately. Fed’s Powell, US Treasury Secretary Yellen favored hopes of lower rate hikes. USD/JPY stands on shaky ground, extending the previous run south to the lowest levels since late August after the Bank of …

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Japanese yen jumps as traders suspect intervention

BOJ easing and government FX intervention not contradictory – finmin Suzuki

Policy mix between government and BOJ questioned Yen swings near 32-year lows against dlr despite intervention Suzuki says it is in constant contact with the United States on exchange rate policy TOKYO, Oct 25 (Reuters) – Japan’s Finance Minister Shunichi Suzuki said on Tuesday there was no political contradiction between the Finance Ministry’s buying of …

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Morning Auction: Xi's Electric |  Reuters

Morning Auction: Xi’s Electric | Reuters

Oct 24 (Reuters) – A preview of the day ahead in Asian markets from Jamie McGeever Chinese politics, Japanese politics. Remarkable developments on both fronts over the past 48 hours will be discussed on Asian trading floors on Monday – the former with longer-term economic consequences, and the latter potentially setting off more immediate fireworks …

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Japan stepped in, buying yen in the forex market on Friday - sources

Japan stepped in, buying yen in the forex market on Friday – sources

TOKYO, Oct 22 (Reuters) – Japan intervened in the foreign exchange market on Friday to buy the yen for the second time in a month after the currency hit a 32-year low of nearly 152 to the dollar, said a government official and another person familiar with the matter told Reuters. Japan has tried to …

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Column: Beware the Yen, Global Market Turmoil if Japan Changes "YCC"

Column: Beware the Yen, Global Market Turmoil if Japan Changes “YCC”

ORLANDO, Fla., Oct 20 (Reuters) – The yen’s daily fall to new multi-decade lows against the dollar and global bond market rout are pushing the Bank’s “yield curve control” (YCC) of Japan near the breaking point. Should the BOJ drop or even change its implied cap of 0.25% on the Japanese 10-year government bond yield, …

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