"Yen Cools as Intervention Warnings Grow: March 27, 2024 News Wrap"
TL;DR Summary
The Japanese yen took center stage as it fell to its lowest level against the dollar since 1990 before rebounding following a series of comments from Japanese officials and a sudden meeting between the Ministry of Finance, Financial Services Agency, and Bank of Japan. The dollar traded steadily against other major currencies, while European equities and US futures rose. Gold also showed potential for a rebound after facing resistance at $2,200.
- ForexLive European FX news wrap: USD/JPY cools as Japan intervention warnings grow ForexLive
- Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade The Wall Street Journal
- Expect Yen to Modestly Gain: Goldman Sachs' Peytavin Bloomberg
- Kyodo News Digest: March 27, 2024 Kyodo News Plus
- Japan yen: Authorities hint at intervention option Reuters
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