Yen trims gains against dollar after Japan's intervention in markets - Reuters
Yen trims gains against dollar after Japan's intervention in markets Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Speculative positions remain in markets, putting traders on notice of possible further strikes to bolster the yen during the holiday period."
— Atsushi Mimura , Executive
"Markets suspected Friday's move was further intervention and Mimura's remarks were 'clever messaging (as) otherwise markets would simply fade (Thursday's) move.'"
— Jordan Rochester , Executive
Key People
Currency diplomat in Japan.
Former president of the United States known for his aggressive economic policies.
Jordan Rochester is head of EMEA fixed income, currency, and commodity strategy at Mizuho.
Japanese finance minister who has been in close dialogue with U.S. authorities.
Locations
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxQT3pJNDlkUkVobm5fbURWalNlQVNoX3paeTR2WlJUd2M4MEpVbjBLVEdOcUg2bDdvZ1dnakZ4R0pxaFFqQU5sTmZ3SXdWamhJU3lHbXVtdFlyTUZlRUxBNDM0SWU5VUdrTUFlY1dkMkJVRHpEOE9KbG5hX19UU2NnWWJSMW52R3hORmtSUlNZU0JsS2xNWHJoRXF1MHpNNXJuOXNFYVRiZVFleGlUbE1PdlJ2VzRDVkVpTXpV?oc=5" target="_blank">Yen trims gains against dollar after Japan's intervention in markets</a> <font color="#6f6f6f">Reuters</font>
The yen saw a slight dip against the dollar but remained on track for its largest weekly gain in over two months following Japanese intervention. Investors are watching closely for more action. Oil prices remain high due to threats against US positions.
The yen saw a slight dip against the dollar but remained on track for its largest weekly gain in over two months following Japanese intervention, with investors on high alert for further action.
The yen eased slightly against the dollar but remained poised for its steepest weekly gain in over two months after Japanese authorities intervened to support the currency from near two-year lows.
The yen surged more than 2%, marking its biggest gain in three years, after Japan intervened in the foreign-exchange market following a 'final' warning to investors against selling the currency.
The yen eased slightly to around ¥157.0 per dollar on May 1, though still on track for its sharpest weekly gain in over two months following Japanese FX intervention. Markets remain cautious ahead of Japan’s holiday-thinned trading and potential further Ministry of Finance steps.
The yen eased slightly against the dollar but remained poised for its steepest weekly gain in over two months after Japanese authorities intervened to support the currency from near two-year lows.
The U.S. dollar fell sharply against the yen after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four-year highs as investors assessed risks from the Middle East conflict.
The U.S. dollar fell sharply against the yen after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four-year highs as investors assessed risks from the Middle East conflict.
The yen eased slightly against the dollar but remained poised for its steepest weekly gain in over two months after Japanese authorities intervened to support the currency from near two-year lows.
Similar Stories
Related coverage based on topic and tags
Japan PM vows to keep watching yen, inflation moves carefully - Reuters
Japan PM vows to keep watching yen, inflation moves carefully Reuters
October 9, 2026 at 03:18 AMDollar recoups losses as markets await Fed minutes, speakers - Reuters
Dollar recoups losses as markets await Fed minutes, speakers Reuters
October 7, 2026 at 01:14 AMGold inches lower as firmer dollar, higher yields weigh - Reuters
Gold inches lower as firmer dollar, higher yields weigh Reuters
October 6, 2026 at 02:15 AMGold prices recover from two-month low as dollar rally stalls - Reuters
Gold prices recover from two-month low as dollar rally stalls Reuters
October 8, 2026 at 01:21 AMAsian shares track Wall Street higher; Treasury yields near multi-decade highs - Reuters
Asian shares track Wall Street higher; Treasury yields near multi-decade highs Reuters
October 6, 2026 at 01:48 AMIndia unveils tough curbs on dollar demand to defend rupee - Reuters
India unveils tough curbs on dollar demand to defend rupee Reuters
October 10, 2026 at 03:34 AM