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Japan Intervenes in FX Market to Support Yen

Japan has launched a rare intervention in the foreign exchange market, buying yen to bolster its national currency. The move briefly pushed the yen to the 155 range against the dollar, amid concerns over its depreciation.

30 Apr, 14:02 — 30 Apr, 14:02
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zerohedgeLow7h ago

Japan Intervened In FX Market To Buy Yen

Japan Intervened In FX Market To Buy Yen With Brent surging to a new post war high overnight, rising as high as $125 on fear of an imminent resumption of hostilities in Iran, which dragged yields higher, and also pushed the USDJPY above 160 for the first time since late March, overnight Japan made clear - again - it wouldn't take it any more, with the usual round of jawboning. *KATAYAMA: WE ARE MONITORING FX MARKET WHILE YOU ARE ON HOLIDAY *KATAYAMA: WE ARE NEARING TIMING TO TAK...

By Tyler Durden

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Coverage Timeline

First report: nikkei-asia · 30 Apr, 12:12Full coverage: 4 · 8hWindow: 8h
Left-leaningCenterRight-leaning
nikkei-asia30 Apr, 12:12First to report

Japan launches FX intervention, briefly pushing yen to 155 range - Nikkei Asia

2h later
zerohedge30 Apr, 14:02

Japan Intervened In FX Market To Buy Yen

6h later
NHK World30 Apr, 19:45

NY市場 円相場1ドル＝156円台 市場介入に警戒高まる

hotnews30 Apr, 20:11Latest update

Rară intervenție a Japoniei pe piața valutară. Mutarea făcută pentru susținerea monedei naționale

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