Category: Intervention

  • Yen surges on suspected intervention, 160 seen as key level By Reuters

    Yen surges on suspected intervention, 160 seen as key level By Reuters

    Written by Kevin Buckland, Tetsushi Kajimoto, and Gertrude Chavez-Dreyfus TOKYO/NEW YORK (Reuters) – The yen rose against the dollar in the early hours of Asia on Thursday in what traders suspected was another round of intervention by Japanese authorities to halt a sharp decline in the currency, with the 160-point…

  • Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com

    Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com

    Investing.com — The Japanese yen rose on Friday, with the USD/JPY pair hitting a three-week low after sharp declines this week that traders largely attributed to government intervention. The pair, which measures the amount of yen needed to buy one dollar, was trading 0.2% higher at 153.34 yen. It had…

  • Asia FX on guard before payrolls data, yen rebounds amid likely intervention By Investing.com

    Asia FX on guard before payrolls data, yen rebounds amid likely intervention By Investing.com

    Investing.com — Most Asian currencies rose slightly on Friday, benefiting from a lower dollar as markets retreated ahead of key US jobs data that is likely to weigh on interest rates. The dollar was also under pressure due to the recovery of the Japanese yen, which moved further away from…

  • ICYMI – BOJ data suggests significant additional yen-buying intervention this week

    ICYMI – BOJ data suggests significant additional yen-buying intervention this week

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…

  • Yen slightly higher after suspected intervention By Reuters

    Yen slightly higher after suspected intervention By Reuters

    Written by Karen Brettell NEW YORK (Reuters) – The yen rose slightly on Thursday after a surprise rise late Wednesday that analysts attributed to intervention by Japanese authorities, while the dollar also rose broadly. The yen’s sharp move on Wednesday came during a quiet period for markets after Wall Street…

  • ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounce

    ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounce

    USD/JPY as it happened: last: The USD/JPY pair was holding near 157.50 after the US market closed on Wednesday afternoon before interventionary selling hit it hard. It fell from 157.50 dramatically after a large number in very liquid trading over the course of about 20 minutes before finally bouncing from…

  • Dollar/yen nosesdives again as market watches for BOJ intervention By Reuters

    (Reuters) – The dollar fell against the yen late Wednesday afternoon, falling further from 34-year highs two days after traders said Japanese authorities were buying yen to support their currency, which has fallen 11% this year. The USD/JPY suddenly fell more than 3% from its levels late Tuesday, trading as…

  • Volatile Japanese yen movements suggest intervention; here’s how we can confirm By Investing.com

    Volatile Japanese yen movements suggest intervention; here’s how we can confirm By Investing.com

    Investing.com – The Japanese yen has seen some volatile trading this week, raising speculation that the country’s authorities have intervened to try and stem its seemingly relentless decline. Here’s how we can confirm the intervention. At 11:15 ET (15:15 GMT), the pair traded 0.7% higher at ¥157.37, after climbing as…