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HomeEconomyAnalysis: Japan's policymakers hold fire as yen enters intervention range 

Analysis: Japan’s policymakers hold fire as yen enters intervention range 

Business & FinanceEconomy

Reuters reported as the yen slid past 145 per dollar with barely a murmur from Japanese policymakers during recent days, suspicion grew that they won’t be as quick to order intervention as they were last year as they now reap some benefits from a weaker currency.

Market Impact

Should the lynchpin 10-year U.S. Treasury yield stabilise not far above 4%, and Japanese yields rise towards the BOJ’s new 1% cap, Japanese authorities may be inclined to let market forces perform a gradual recovery in the yen as the yield gap closes. 

Article Tags

Topics of Interest: Business & FinanceEconomy

Type: Reuters Best

Sectors: Business & FinanceEconomy & Policy

Regions: Asia

Countries: Japan

Win Types: Impact (Long Term)

Story Types: Special Report / Insight

Media Types: Text

Customer Impact: Significant National Story


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