Japan spent a record $73.6 billion defending the yen, but USD/JPY keeps testing 160. A likely BOJ rate hike on June 16 raises intervention risks.

TOKYO, May 29 : As Japan's yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo's remaining financial firepower and political…

TOKYO, May 29 — As Japan’s yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo’s remaining financial firepower and...

Yen sheds most gains, however, as selling pressure persists

TOKYO, May 29 : Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in foreign exchange markets over the past month to support the yen, but with only limited…

Tokyo, May 29 (Jiji Press)--Japanese authorities spent 11,734.9 billion yen in foreign exchange market interventions from April 28 to Wednesday, with the amount hitting a record…

Japan spent a record $73.6 billion defending the yen, but USD/JPY keeps testing 160. A likely BOJ rate hike on June 16 raises intervention risks.

TOKYO, June 2 : Japanese financial authorities held back from stepping up verbal warnings on the yen on Tuesday even as it neared the key 160-per-dollar mark, a restraint analysts…

Japan refrains from escalating yen warnings as the currency nears 160 per dollar, signaling a strategic shift with implications for crypto and risk assets.

Uncertainty over US-Iran peace talks propels dollar-buying