Japanese yen

2024 - 6 - 27

Japanese Yen Rollercoaster: From Record Lows to Potential Support

Currency Market - Finance Minister Shun'ichi Suzuki - Japanese Yen - US Dollar

Japanese Yen hits 38-year low against USD sparking concerns and reactions. What's next for the volatile currency market?

The Japanese Yen has been on a rollercoaster ride in recent months, experiencing significant lows against the US dollar. Finance Minister Shun'ichi Suzuki's comments provided some support, but the currency still hit its weakest level since 1986. This drastic drop, with the yen trading at 160.86 against the USD, has shaken the market and raised concerns globally.

As Japan issues warnings against sharp falls in the yen, Minister Shunichi Suzuki signals readiness to take necessary actions on currencies. The ongoing depreciation trend, exacerbated by the US Federal Reserve's tightening mode since March 2022, has further weakened the yen. Investors and market watchers are closely monitoring the situation, with Japan hinting at potential intervention to stabilize the currency.

Despite the volatile currency market, global stocks finished mixed, with Wall Street showing small gains after a choppy session. The intense fluctuations in currencies, especially the Japanese yen, have sparked debates on the impact of these movements on the overall market stability. The future trajectory of the yen remains uncertain, prompting stakeholders to closely watch for any developments and interventions from Japan.

In light of the Japanese yen hitting a 38-year low, it raises questions about the resilience of the currency amidst global economic challenges. The sharp depreciation against the US dollar since 1986 highlights the vulnerability of the yen to external factors and market dynamics. With Japan signaling potential support measures, the financial world eagerly anticipates how these actions may influence the currency's trajectory in the coming weeks.

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Image courtesy of "FXStreet"

Japanese Yen gets help from easing US data while Yen tries to start ... (FXStreet)

The Yen finds some support after comments from Japanese Finance Minister Shun'ichi Suzuki. The US Dollar Index falls back below 106.00 ahead of US Q1 GDP, ...

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Image courtesy of "Yahoo Finance"

Japanese yen hits weakest level against UD dollar since 1986 (Yahoo Finance)

The Japanese yen (6J=F) has hit its weakest level against the US dollar (JP=X) since 1986. In response, Japan's Finance Minister Shun'ichi Suzuki stated, ...

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Image courtesy of "Chinadaily USA"

Record low rate of Japanese yen in decades shakes market (Chinadaily USA)

The Japanese yen traded at 160.86 against the US dollar at one point on Thursday morning - its weakest level in over 37 years since December 1986.

Japan issues fresh warnings against sharp yen falls (The Business Times)

THE Japanese authorities will take necessary actions on currencies, Finance Minister Shunichi Suzuki said on Thursday (Jun 27), signalling readiness to ...

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Image courtesy of "Growbeansprout.com"

Japanese Yen falls to 38-year low. What's next? (Growbeansprout.com)

Since March 2022, the US Federal Reserve has been on a tightening mode. The result is that most major currencies have depreciated against the US dollar.

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Image courtesy of "Aljazeera.com"

Japan signals it may prop up yen after currency falls to 38-year low (Aljazeera.com)

Japanese Finance Minister Shunichi Suzuki says authorities watching currency's slide with 'sense of urgency'.

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Image courtesy of "Al Arabiya English"

Japanese yen touches 38-year low as global stocks finish mixed (Al Arabiya English)

Stocks on Wall Street eked out small gains after a choppy session that saw big moves in some individual stocks after corporate earnings, while those elsewhere ...

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Image courtesy of "China Daily"

Record low rate of Japanese yen in decades shakes market (China Daily)

The Japanese yen traded at 160.86 against the US dollar at one point on Thursday morning - its weakest level in over 37 years since December 1986.

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Image courtesy of "MarketPulse"

USD/JPY steady as BOJ watches with sense of urgency (MarketPulse)

Japanese yen remains below 160. USD/JPY is trading at 160.38 early in the North American session, down 0.25% on the day. The Japanese yen has been trading ...

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Image courtesy of "Xinhua"

Japanese yen tumbles to over 37-year low against U.S. dollar in ... (Xinhua)

TOKYO, June 28 (Xinhua) -- The Japanese yen continued to fall against the U.S. dollar to the upper 160 range early Thursday in Tokyo after slumping to its ...

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Image courtesy of "CNBC"

Japanese yen weakens to fresh 38-year lows; top currency diplomat ... (CNBC)

New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan's Institute for Monetary and Economic Studies. The new banknotes will ...

Japanese yen weakens to fresh 37-year low against U.S. dollar ... (ๆ–ฐๅŽ็ฝ‘)

Japanese Finance Minister Shunichi Suzuki warned Friday that Japan will take "appropriate" steps against excessive volatility in the currency market, adding he ...

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Image courtesy of "The Straits Times"

Japan names new currency czar as yen hits 38-year low (The Straits Times)

Vice-Finance Minister Atsushi Mimura will almost certainly follow the same script as his predecessor. Read more at straitstimes.com.

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Image courtesy of "The Business Times"

Japan names new currency czar as yen continues its slide, Nikkei ... (The Business Times)

JAPAN is getting a new currency czar just as the yen trades near its weakest levels in almost four decades, the nation's finance minister said.

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Image courtesy of "Reuters"

Japan names new FX diplomat as yen hits 38-year low (Reuters)

Japan appointed a new top foreign exchange diplomat on Friday as the yen plumbed a 38-year low against the dollar, heightening expectations of imminent ...

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Image courtesy of "The Japan Times"

Yen taken back to the '80s by messaging missteps and loss of ... (The Japan Times)

The yen hit a 38-year low as the market lost confidence in the Bank of Japan's (BOJ) commitment to tightening and was little impressed by vague assurances ...

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Image courtesy of "Nikkei Asia"

Japan appoints Atsushi Mimura as top currency diplomat as yen falls (Nikkei Asia)

TOKYO -- Japan's government on Friday appointed Atsushi Mimura as its top currency diplomat, replacing Masato Kanda.The 57-year-old Mimura, currently.

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