Yen Intervention Fails
Japan spends $72.8 billion to defend the yen but fails to halt the slide as the currency tests the critical 160 level against the dollar.
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- DATABoJ Governor Ueda signals readiness for further rate hikes if inflation overshoots 2% target
Kazuo Ueda warns that the central bank will act decisively to anchor price stability, reinforcing hawkish expectations ahead of the next policy meeting.
- MARKET8301.T (8301.T)
▼ 3.29% close $23210.00 from $24000.00
- MARKETJapan's $72.8 billion yen defense fails to halt slide as BoJ holds rates
Tokyo's massive FX intervention and a split central bank decision leave the yen exposed to renewed selling pressure near the 160 level.
- MARKETJapan's $72.8 billion yen defense fails to halt slide as BoJ holds rates
Tokyo's massive FX intervention and a split central bank decision leave the yen exposed to renewed selling pressure near the 160 level.
- CB MEETINGBank of Japan rate decision (press conf.) JP high
Title actor match
- CB MEETINGBank of Japan rate decision (press conf.) JP high
Title actor match