All articles tagged with #yen intervention
Originally Published 19 days ago — by Reuters
The US dollar declined despite stronger-than-expected Q3 GDP growth, as traders remain cautious about potential Fed rate cuts next year amid weakening consumer confidence and geopolitical factors like yen intervention threats, leading to a broader decline in the dollar index and currency fluctuations.
Originally Published 20 days ago — by CNBC
The US dollar declined amid expectations of Federal Reserve rate cuts next year despite strong GDP growth data, with market sentiment influenced by potential dovish policies and Japan's hints at intervention to manage yen weakness.
Originally Published 2 years ago — by Reuters
JPMorgan analysts predict that Japan's threshold for intervening in the currency market to weaken the yen will likely be around 150 yen per dollar. They believe that the Ministry of Finance (MoF) will not intervene at the current level of 145 yen per dollar, and their threshold for intervention is slightly higher. The analysts also note that the Japanese economy has been improving, reducing the need for intervention compared to previous cases.