US and Japan Mount First Joint Yen Intervention Since 1998, Targeting EUR/JPY Cross
Markets

US and Japan Mount First Joint Yen Intervention Since 1998, Targeting EUR/JPY Cross

In a historic move, the US Treasury and Japan's Ministry of Finance jointly intervened in currency markets via the euro/...

Yael Ben-David 👁 29 💬 0
Yen Jumps 3% in Suspected Japan-Korea Intervention, Largest Move in Two Years
Markets

Yen Jumps 3% in Suspected Japan-Korea Intervention, Largest Move in Two Years

The yen surged over 3% against the dollar on July 30 as traders cited coordinated yen-buying by Japan and South Korea. T...

Yael Ben-David 👁 36 💬 0
Dollar Plunges 2.39% Against Yen to 159.50, Largest Two-Day Slide Since April 2025
Markets

Dollar Plunges 2.39% Against Yen to 159.50, Largest Two-Day Slide Since April 2025

The U.S. dollar tumbled 2.39% against the Japanese yen on Wednesday, retreating sharply from a 52-week high hit just two...

Yael Ben-David 👁 33 💬 0
Dollar Slides as US Inflation Cools and GDP Misses; Yen Surges on Intervention Bets
Markets

Dollar Slides as US Inflation Cools and GDP Misses; Yen Surges on Intervention Bets

The dollar fell broadly after weaker-than-expected US economic data pushed back rate hike expectations. The yen jumped 2...

Yael Ben-David 👁 29 💬 0