Japan Spends $36.8 Billion to Defend Yen as BOJ Raises Rates
Key Insights Japan spent 5.53 trillion yen ($36.8 billion) in July to support the weakening yen, marking its largest intervention…
USD/JPY Analysis: Will BoJ’s Decision Break the 153.00 Support?
Key Insights USD/JPY trades near 153.20 as markets anticipate potential BoJ rate hike and tapering Yen gains support from official…
Yen Plummets 2%: USD/JPY Eyes 154.55 Support Amid Market Turmoil
Key Insights USD/JPY faces volatility due to geopolitical tensions and potential Japanese intervention US Dollar strengthens on risk aversion, while…
Yen Tumbles Past 160 to dollar, stokes intervention speculation
Key Insights The Japanese yen plunged past 160 against the U.S. dollar on Monday, hitting a fresh 33-year low. The…
Yen Rebounds As BoJ Nudges Toward Rate Hike in April
Key Insights BoJ lowered 2023 core inflation outlook to 2.4% but said likelihood of hitting target has “gradually risen”. Upgraded…