Why the U.S. stepped in after decades to prop up Japan's yen — and what's at stake
Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention. Source link
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U.S. Scott Bessent, Japan confirm intervention
The yen held firm on Tuesday as traders remained on alert to the prospect of a coordinated currency intervention by authorities in the U.S. and Japan. Twenty47studio | Moment | Getty Images Japan’s finance ministry said Monday it had conducted a coordinated yen-buying operation with the U.S. Treasury on Friday, marking a rare joint move…
Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy. This is the first rise in core inflation since March, and…
Japan exports and imports grow at fastest pace in June since November 2022
The NYK Venus container ship, operated by Nippon Yusen KK, moored at the Oi Container Terminal in Tokyo, Japan, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Japan exports in June grew at their fastest pace since November 2022, rising 19.3% from a year earlier, powered by shipments of semiconductor equipment and…
Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed
Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts. Source link
Japanese yen sinks to weakest level since 1986, keeping intervention risks in focus
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from…
Why Japan’s intervention and a rate hike didn’t prop up the yen more
The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike. Javier Ghersi | Moment | Getty Images Japanese Finance Minister Satsuki Katayama is increasingly finding herself in an unenviable position on the foreign-exchange front. After deploying over 11.7 trillion yen…
Japan core inflation holds steady in May, matching expectations despite energy price concerns
An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed above the central bank’s 2% target for four straight calendar years. Bloomberg | Bloomberg | Getty Images Japan’s core inflation…
Japan May exports grow at fastest pace in over three years, beating estimates
Honda Motor Co. vehicles bound for shipment at a port in Yokohama, Japan, on Thursday, Feb. 6, 2025. In Japan, nominal wages rose at the fastest pace in nearly three decades in December, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps. Photographer: Toru Hanai/Bloomberg…
Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024. This is the Bank…