During the recent Group of Seven (G7) finance leaders' summit in Italy, Japan intensified its efforts to reverse the yen's excessive depreciation, following a jump in bond yields to a 12-year high that has failed to halt the currency's slide.
Japan renewed its push to counter excessive yen falls during a weekend gathering of Group of Seven finance leaders, after a recent rise in bond yields to a 12-year high failed to slow the.
Currency Traders Hang on Every Word as Tokyo Jawbones the Yen bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines in the yen increases anxiety over the risk of intervention in the market.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Bl