Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

BOJ raises rates to a 31-year high, but the yen carry trade gains momentum as traders bet the currency will weaken further.

The Bank of Japan raised its policy rate to 1%, the highest since 1995, but the yen remains weak. Bitcoin rose after the announcement, breaking historical

The Bank of Japan raised its benchmark rate to 1%, a 31-year high, as the yen weakens to 160 per dollar. Japan also approved its first yen stablecoin, JPYC.

Japanese currency near two-year low as rate gap pressures mount

The U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards intervention levels. Mounting inflation concerns…

Yen had wiped out gains made after Tokyo’s record intervention on April 30. Read more at straitstimes.com. Read more at straitstimes.com.

Yen has wiped out gains made after Tokyo’s last intervention on April 30. Read more at straitstimes.com. Read more at straitstimes.com.

The Bank of Japan raised its policy rate to 1%, the highest since 1995, but the yen fell to a 23-month low at 160.80 vs USD, impacting crypto markets.

The yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by government spending plans. Analysts predict…

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

Tokyo, June 19 (Jiji Press)--Japanese Finance Minister Satsuki Katayama on Friday warned against speculative movements in the foreign exchange market, signaling authorities'…

On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.

The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a US-Iran peace deal nor a rate hike in Japan managed to arrest its…

Japan's Finance Minister Katayama warns of bold forex intervention as the yen nears a 40-year low, after authorities spent a record $73 billion defending

The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the…

Japan raised rates to a three-decade high, yet the yen barely moved. When a hiking central bank cannot lift its currency, exchange rates become the story.