Japan likely spent up to $35bn intervening to support the yen, but Barclays warns depreciation pressure will persist over the medium term as Iran war energy cos...
USD marked down a little. Weekend war news (in VERY brief), the two sides work towards an end:Iranpeace proposal, including a one-month deadline to reopen the S...
Trump announced that he's raising EU auto tariffs to 25% from 15% "next week" in a surprise move."I am pleased to announce that, based on the fact the European ...
The price movements in USD/JPY in the past two days have been rather interesting. It has a certain feel that Tokyo is intervening but they don't seem to be goin...
Japan basically confirmed FX intervention for first time in nearly two years after yen breached 160/USD, sending it 3% higher to 155.5. Mimura warns further act...
The euro is rising after ECB sources cited by Reuters said:June hike "very likely" and policymakers were in broad agreementSome already advocated for a hike (La...
So there was a question about whether the move in the yen was due to the strong verbal intervention today, a rate check or actual intervention and it looks like...
USD/JPY is now down 1.6% to 157.60 and that marks about a 300 pips decline from when Japan finance minister Katayama came out earlier to deliver one final inter...
It's about a 100+ pips drop in around ten minutes. I wouldn't pin this as actual intervention but it might be another case of a 'rate check' being performed by ...
From earlier:Japan's Katayama: We are getting closer to taking decisive step in FX marketJapan's top currency diplomat issues final warning before action in FX ...
No comment on FX levelIn close contact with our US counterpartClosely coordinating with US based on our FX agreement in September last yearThis is my final warn...