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    Japan spent record $42.8 billion in interventions to prop up yen

    31 Oct 2022

    Japan spent a record 6.3499 trillion yen ($42.8 billion) on currency interventions this month to prop up the yen, the finance ministry said, with investors keen for clues about how much more

    Dollar, yen jump after Trump tests positive for coronavirus

    02 Oct 2020

    The greenback gained about 0.6% on the risk-sensitive Australian dollar and the yen streaked ahead even further, gaining half a per cent on the dollar to a one-week high of 104.95, and rising more than 1% on the Aussie.

    Japan warns against rapid rise in yen, monitors movements

    31 Jul 2020

    Japanese Finance Minister Taro Aso described the yen’s recent rise as “rapid” on Friday, signalling concern that a strong currency could add pain to an export-led economy already in recession because of the novel coronavirus.

    Euro drifts ahead of ECB, no-deal nerves knock sterling

    08 Sep 2020

    The euro bobbed around $1.18 but the pound was at two-week low of $1.3125 and the yuan back-pedalled too after US President Donald Trump warned about "decoupling" the US and Chinese economies.

    Yen, dollar in demand as echoes of March trade ring through markets

    21 Sep 2020

    The yen hit a six-month high against the dollar on Monday, gaining for a sixth consecutive session against the greenback as stock markets tumbled and pushed investors to the perceived safety of the Japanese currency.

    Yen surges as Abe quits, stocks rally anew on consumer spending

    28 Aug 2020

    A gauge of global equity markets rose to a new high on Friday as US consumer spending in July suggested a strong economic rebound lies ahead, while the Japanese yen surged on safe-haven buying after Prime Minister Shinzo Abe resigned for health reasons.

    Dollar, euro trade cautiously ahead of key Fed speech

    26 Aug 2020

    Against the euro, the dollar stood at $1.1818 following a 0.4% decline in the previous session. The yuan rose toward a seven-month high at $6.8969 after US and Chinese trade officials reaffirmed their commitment to a Phase 1 trade deal, which eased concerns about a diplomatic standoff between the world's two-largest economies.

    Commodity currencies slip against safe-haven units such as dollar, yen

    13 Apr 2020

    Commodity currencies slipped against their safe-haven rivals such as the dollar and yen on Monday as a record output cut, agreed by OPEC and other oil producing nations, failed to offset broader concerns about slumping global demand.

    BoJ defies market bets for policy tweaks, sending yen tumbling

    18 Jan 2023

    The Bank of Japan (BOJ) on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations it would phase out its massive stimulus programme amid mounting inflationary pressure. The surprise decision sent the yen skidding against other currencies and bond yields

    Nikkei rises to highest level since July 1990 on weak yen

    29 May 2023

    Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a US debt ceiling deal and a weaker yen.

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