Tag
currency intervention
13 articles
Hedge Funds Halved Yen Short Bets After U.S.-Japan Intervention
CFTC data through Aug. 4 shows bearish yen positions cut by roughly half as coordinated U.S.-Japan action stabilized the currency.
BOJ Holds at 1% but Warns Inflation Will Exceed 2% Target — Yen Rallies to 157.96
An 8-1 vote to hold masks a hawkish inflation warning, joint currency intervention and a two-year yield at its highest level since May 1995.
Yen at 159 Per Dollar as 180-Basis-Point Rate Gap Sustains Carry Trade
Two rounds of intervention have failed to hold the line; the Treasury-JGB spread is the structural force Tokyo cannot unilaterally close.
Japan's $100 Billion in Yen Interventions Fail to Halt Slide Toward 160
Japanese authorities have spent over $100 billion defending the yen, including a rare July 28 joint intervention with the U.S., yet the currency continues depreciating toward 160 per dollar.
Yen Nears 160 Per Dollar as Intervention Fades; RBA Holds at 4.35 Percent
The yen has surrendered nearly half its intervention-driven gains; the Reserve Bank of Australia held its cash rate steady but left the door open to further hikes.
Yen Weakens Past 158 Per Dollar as $87 Billion Intervention Fails to Reverse Structural Decline
Japan's currency fell 0.5 percent against the dollar in August, reversing a 3.2 percent July gain, as interest rate differentials and fiscal concerns override official action.
Yen Jumps 3.7% to 157 Per Dollar After U.S.-Japan Coordinated Intervention
Tokyo and Washington jointly pushed the yen from 163 to 157 against the dollar, but analysts warn the move treats symptoms rather than the rate-differential cause.
U.S. Treasury Buys Yen in Joint Intervention With Japan, First in 30 Years
President Trump confirmed the U.S. Treasury purchased between $5 billion and $10 billion in Japanese yen in a coordinated move with Japan's finance ministry to counter yen weakness.
Fed Repo Facility Lets Japan Defend Yen Without Selling U.S. Treasuries
Treasury Secretary Scott Bessent backs Japan's use of the FIMA Repo Facility, giving Tokyo dollar liquidity for yen intervention without liquidating Treasury holdings.
Oil Falls on Iran Talks Optimism as Yen Jumps on Joint Intervention
President Trump's announcement of U.S.-Iran talks beginning Monday eased supply fears, pushing crude lower while coordinated intervention lifted the Japanese yen.
U.S.-Japan Yen Intervention Marks First Joint Currency Action in Two Decades
The U.S. Treasury's participation in last week's yen-buying operation marks a departure from Washington's long-standing non-intervention stance.
U.S.-Japan Currency Intervention Drives Yen's Largest Rebound in Eight Months
Treasury Secretary Scott Bessent and the Federal Reserve coordinated with Tokyo to reverse the yen's depreciation, pushing the currency up 4.5 percent against the dollar.
RBI Dollar Intervention Bolsters Rupee, Shifts EM Fixed Income Outlook
India's central bank directs state oil refiners to use a special credit facility for dollar purchases, leading to significant rupee gains and recalibrating market expectations for Indian assets.