Katayama to Say Japan, US Are Coordinating to Curb Yen Weakness
Japan US Yen coordination
Covered by 17 sources
- Global News World·6h agoU.S. doing ‘whatever it takes to support’ Japan as Yen plummets: Bessent
Bessent said the yen's substantial undervaluation could trigger other economic problems or competitive devaluations of other currencies "which is unhealthy."
Read at Global News World → - Irish Independent·16h agoUS and Japan step up rare joint defence of yen, raising stakes for traders betting against currencyRead at Irish Independent →
- ET Markets·1d agoYen holds gains after Japan, US confirm joint intervention, signal more action
Japan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and global economic spillovers. Central bank data suggests Japan spent billions of dollars during the intervention. Officials vowed to take…
Read at ET Markets → - Bloomberg Economics·1d agoBessent Plays Currency-Market Chess With Likely Eye on US Treasury Yields
The Treasury Secretary has stepped in to boost the yen, with one eye on US bond yields
Read at Bloomberg Economics → - NPR World·1d agoU.S. steps in to help shore up Japanese yen
The U.S. dollar weakened against the Japanese yen Monday after the leaders of both countries confirmed they intervened in the markets to help shore up Japan's currency.
Read at NPR World → - The West Business·1d agoOil slumps on hopes of Iran deal, yen spikes suddenly
The yen has surged and the Nikkei dipped one per cent after the US and Japan confirmed joint intervention to prop up the frail currency.
Read at The West Business → - BBC Business·1d agoUS and Japan jointly intervene to prop up yen in rare move
Both countries have said that they will not hesitate to conduct joint interventions in the future.
Read at BBC Business → - Express Tribune Biz·1d agoJapan, US confirm joint yen-buying intervention, signal more action
Yen jumps after the rare bilateral move, with markets watching for more support
Read at Express Tribune Biz → - CNBC Top News·1d agoU.S., Japan confirm coordinated yen intervention, signal readiness for more
Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
Read at CNBC Top News → - NYT Homepage·1d agoU.S. and Japan Coordinated to Help Stabilize the Yen
U.S. and Japanese officials confirmed on Sunday that the Treasury Department had moved last week to help the currency.
Read at NYT Homepage → - Globe and Mail Biz·1d agoJapan confirms joint intervention with U.S. in bid to halt yen’s slide
Japan’s finance ministry confirms rare bilateral action as yen drops to 40-year lows
Read at Globe and Mail Biz → - Bloomberg Markets·2d agoYen Traders Brace for More Intervention With US at Japan’s Side
Currency traders are on high alert for more joint intervention by Japan and the US when trading gets underway in Asia on Monday after coordinated operations in Tokyo and New York last week triggered a dramatic rebound in the yen.
Read at Bloomberg Markets →
