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Prime Minister Fumio Kishida on Jan. 19 said he will disband the faction he once led in the ruling Liberal Democratic Party, but other intraparty groups indicated they would not follow suit. ....
In the previous review, the overwhelming majority of experts expressed opinions favouring further weakening of the American currency. This prediction came to fruition. The Consumer Inflation report in the United States, published on Tuesday, November 14, toppled the Dollar Index (DXY) from 105.75 to 103.84. According to Bank of America, this marked the most significant dollar sell-off since the beginning of the year. Naturally, this had an impact, including on the dynamics of EUR/USD, which marked this day with an impressive bullish candle, rising nearly 200 points. ....
Japanese authorities do not have specific exchange-rate levels in mind when deciding when to intervene in the currency market, Deputy Finance Minister Ryosei Akazawa said on Friday. Any. -November 16, 2023 at 09:28 pm EST - MarketScreener ....
Japan's Deputy Finance Minister Ryosei Akazawa crossed the wires in the last hour and reiterated that the government will intervene in the FX market to curb excess volatility. ....