tldrdailynews.com logo
Tag

Yen Intervention

All articles tagged with #yen intervention

Goldman: Japan has room for more yen support funded by Fed access
business22 days ago

Goldman: Japan has room for more yen support funded by Fed access

Goldman Sachs says Japan has enough cash—about $200 billion of its roughly $1 trillion in USD reserves—and access to the Fed's FIMA facility to fund a couple more rounds of large yen-buying intervention, potentially matching last month's size. With the yen around 160 per dollar after a historic two-day move and investors watching the BOJ's September policy meeting, the next intervention will hinge on the U.S.-Japan yield carry; analysts warn interventions aren’t a lasting fix, though they can buy time.

via cnbc.com|
#boj#business#fed-fima
Bessent’s Bond-Market Play: Treasury Bets to Cool Long-Term Yields
finance25 days ago

Bessent’s Bond-Market Play: Treasury Bets to Cool Long-Term Yields

Traders see US Treasury Secretary Scott Bessent’s moves as an effort to ease pressure on long-term yields, including currency intervention to support the yen, signaling openness to Fed tools and potential reductions in long-bond sales. Taken together, the steps aim to prevent further spikes in long-end borrowing costs amid inflation and large deficits, though the ultimate impact will hinge on inflation data and debt dynamics.

via finance.yahoo.com|
#bessent#bond-market#finance
Japan-U.S. yen intervention signals more currency action to come
economy1 month ago

Japan-U.S. yen intervention signals more currency action to come

Japan and the United States carried out a rare, coordinated yen-buying intervention (reportedly up to about $36.6 billion) to stem the yen’s slide to 40-year lows, with the yen jumping toward the 155 per dollar level and officials signaling readiness for further action. The move intensifies focus on BOJ policy, with markets eyeing a potential September rate decision, and includes talks of expanding the Fed’s dollar-liquidity facility to ease funding for future interventions.

via Yahoo Finance|
#boj-policy#currency-market-volatility#economy
Japan’s Yen Fix Sends Treasuries Higher as Tokyo Joins Market Turbulence
markets1 month ago

Japan’s Yen Fix Sends Treasuries Higher as Tokyo Joins Market Turbulence

Japan’s yen-stabilization efforts, reportedly around $53 billion, triggered a jump in U.S. Treasury yields as Tokyo sells Treasuries to fund currency purchases; the 10-year yield rose to about 4.735%, a multi‑year high, with warnings that further interventions could push yields toward 5% by year‑end amid ongoing policy tensions between Japan and U.S. rate outlooks.

via Barron's|
#bank-of-japan#global-markets#markets
Asia Mixed as U.S. Rally Hits Record; Korea Extends Fresh Highs
markets7 months ago

Asia Mixed as U.S. Rally Hits Record; Korea Extends Fresh Highs

Wall Street’s S&P 500 closed at a fresh high even as Asia-Pacific markets were split: South Korea extended fresh peaks in the Kospi and Kosdaq, while Japan fell and Hong Kong and mainland China rose. Indonesia’s Jakarta Composite slumped more than 7% after MSCI flagged a possible downgrade to frontier status. The yen strengthened toward a three-month high, spot gold touched a record, and traders awaited the Fed decision with U.S. futures mixed.

via CNBC|
#asia-markets#indonesia-frontier-downgrade#kospi-kosdaq
JPMorgan Predicts Japan's Yen Intervention Threshold: 150 Yen per Dollar
finance3 years ago

JPMorgan Predicts Japan's Yen Intervention Threshold: 150 Yen per Dollar

JPMorgan analysts predict that Japan's threshold for intervening in the currency market to weaken the yen will likely be around 150 yen per dollar. They believe that the Ministry of Finance (MoF) will not intervene at the current level of 145 yen per dollar, and their threshold for intervention is slightly higher. The analysts also note that the Japanese economy has been improving, reducing the need for intervention compared to previous cases.

via Reuters|
#currency-market#finance#japan