Japan’s July trade balance came out in line with expectations with a print of -130.5B yen from the prior month’s -196.5B as the country struggles to regain the trade surplus it has traditionally enjoyed. Both imports and exports were lower than forecast with imports for July showing a yearly change Read More Japan Trade Balance [...]
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Japan’s 2Q GDP report highlights the greatest event risk for the Yen, but the heightening risk for a currency intervention could take center stage as the exchange rate hovers around the record-low (76.28). Economic activity in the world’s third-largest economy is expected to slow 0.6% in the second-quarter and the ongoing slump in Japan may [...]
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The Japanese yen dropped heavily against everything on the Forex market today, following the currency intervention by the country’s central bank.(…)Read the rest of Yen Slumps on BoJ Intervention (140 words) Posted on Forex News. Read More Yen Slumps on BoJ Intervention
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The Swiss franc showed a vigor and rose against its major counterparts on the Forex market today, despite the yesterday intervention and the serious tone of the central bank.(…)Read the rest of Swiss Franc Prevails Despite Intervention (140 words) Posted on Forex News. Read More Swiss Franc Prevails Despite Intervention
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A massive intervention to weaken the JPY and another swoon in risk appetite have catapulted the USD for sharp gains. How long will the intervention keep JPY crosses off their lows? In the Asian session, the Bank of Japan stepped in under the guidance of the Ministry of Finance and, though Read More JPY Intervention [...]
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The Bank of Japan cut short its planned two-day meeting and went straight for the currency market’s jugular, sinking its teeth deep in to the artery and achieving the maximum blood-loss from its victims. The unilateral nature of its intervention was precisely what the authorities had hinted at the day Read More Bank of Japan [...]
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FXstreet.com (Barcelona) – The Japanese yen in recent days has remained mostly steady near it?s… For more information, read our latest forex news. Read More Forex Flash Risk of BOJ intervention is low BBH
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The Japanese yen retreated today, after it reached the highest level in seven week against the US dollar yesterday, on speculation that Japan will intervene to curb recent gains.(…)Read the rest of Yen Retreats from Seven-Week High on Intervention Expectations (62 words) Posted on Forex News. Read More Yen Retreats from SevenWeek High on Intervention Expectations
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The Russian continued to rise against the US dollar and stabilized against the euro today, following the exceptional intervention measures conducted by the central bank.(…)Read the rest of Russian Ruble Appreciates Despite Central Bank Intervention (124 words) Posted on Forex News. Read More Russian Ruble Appreciates Despite Central Bank Intervention
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The South Korean won ended its five-day rally, falling today, on concerns that the government will intervene to slow the appreciation of the currency.(…)Read the rest of South Korean Won Retreats on Possibility of Intervention (64 words) Posted on Forex News. Read More South Korean Won Retreats on Possibility of Intervention
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Japan Trade Balance and Comments on Intervention
Japan’s July trade balance came out in line with expectations with a print of -130.5B yen from the prior month’s -196.5B as the country struggles to regain the trade surplus it has traditionally enjoyed. Both imports and exports were lower than forecast with imports for July showing a yearly change Read More Japan Trade Balance [...]
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