Live Breaking News & Updates on Currency Intervention|Page 3
Stay updated with breaking news from Currency intervention. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Japan's top currency diplomat Masato Kanda said he was closely watching how central bank decisions, including an expected end to negative interest rates in Japan, affect markets as speculation over the events could trigger volatile asset moves. Kanda declined to comment on heightening market expectations that the Bank of Japan (BOJ) will end negative rates in April, saying it was "among important events" that currency authorities were closely watching. "The timing and pace of U.S. interest rate cuts and the outlook for the BOJ's policy are drawing strong market attention, and could be used as an excuse for speculative trading," Kanda said in an interview with Reuters on Wednesday. ....
The IMF stated that the rupee's movement within a narrow range from December 2022 to October 2023 indicated that the central bank's intervention likely exceeded levels necessary to address disorderly market conditions. However, India has strongly disagreed with the organisation's assessment. ....
(Bloomberg) Traders are piling into fresh bets against the yen, triggering pushback from Japanese authorities who are threatening once again to take action including the possibility of currency intervention.Most Read from BloombergIsrael Latest: Blinken Returning to Israel; Refugee Camp HitImmigrants Are Leaving Canada at Faster Pace, Study ShowsSaudi Forces on Alert After Clash With Iran-Backed HouthisZillow Plunges After Verdict on Real Estate Brokerage CommissionsInnovent, Lilly Obesity Dr ....
(Bloomberg) A chasm is opening up on Wall Street over the direction of the yen.Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Biden’s Visit to Jordan, Arab Summit ScrappedHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Putin Arrives in China to Meet Xi on Rare International TripOn the one side: Goldman Sachs Group Inc., Mizuho Americas, JPMorgan Chase & Co., and Bank of America ....
(Bloomberg) Japan’s Finance Minister Shunichi Suzuki sent a warning shot to investors on Friday, relating that he had told his Group of 20 counterparts that there will be cases when appropriate responses are required in foreign exchange markets. Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of th ....