Tag - yen

 
 

YEN

Evening commuters in front of Tokyo station.
BUSINESS / Markets
Jul 11, 2026
Japan’s top pension fund likely to brush off political pressure
The Government Pension Investment Fund, one of the world’s largest, will likely ignore the finance minister’s call to boost domestic investment, at least in the short run.
Finance Minister Satsuki Katayama has encouraged households and pension funds to buy more yen-denominated assets.
BUSINESS / Markets
Jul 10, 2026
Yen gains after finance minister urges pension funds to invest more at home
Finance Minister Satsuki Katayama’s remarks caught markets off guard, leading to a jump in the yen and a drop in bond yields.
The end of Japan-bashing should not be mistaken for a vote of confidence. It may simply indicate that the world has shifted its attention to other sources of imbalance.
COMMENTARY / Japan
Jul 10, 2026
The weak yen is not Japan’s new strength. It is a warning.
The absence of Japan-bashing should not be mistaken for international approval. It may simply mean the world no longer sees Japan as the central imbalance problem.
Japanese summer travel budgets increased for the first time in three years to an average of ¥58,902 ($363) this year, according to a recent survey.
JAPAN
Jul 9, 2026
Japan’s summer vacation budgets rise for first time in three years
An online survey conducted in June found that higher prices and a weak yen were the main reasons among respondents for increasing their budgets.
An electronic board displays the exchange rate of the yen against the U.S. dollar and other currencies on a street in Tokyo on June 22.
COMMENTARY / Japan
Jul 6, 2026
Fighting yen psychology is a losing battle
Turning the currency around, never easy at the best times, has just become harder given the renewed embrace of the greenback.
Finance Minister Satsuki Katayama has issued verbal warnings recently using the same language and the same tone, saying authorities “will take appropriate action at any time, as necessary.”
BUSINESS / Markets
Jul 6, 2026
Japan might be giving the currency market the silent treatment
Officials are saying less than they did before to defend the yen, and when they do speak, they opt for vague and relatively weak statements.
Electronic boards display the foreign exchange rate of the yen against the U.S. dollar at a brokerage in Tokyo on Tuesday.
EDITORIALS
Jul 3, 2026
Little hope for a declining yen amid structural pressures
Ultimately, the value of the yen reflects faith in the Japanese economy’s long-term prospects.
Until recently, economists generally saw the Bank of Japan hiking rates about every six months, but now markets are pricing in a solid chance that another increase could come by October.
BUSINESS / Economy
Jul 2, 2026
Sinking yen and robust economy support BOJ case for earlier rate hike
Prime Minister Sanae Takaichi has indicated her preference for monetary easing, helping push the yen to its weakest level against the dollar since 1986.
Increasing bankruptcies in Japan suggest the smaller firms that employ most of Japan’s workers are finding it difficult to withstand the yen’s prolonged weakness.
BUSINESS / Economy
Jul 2, 2026
First-half bankruptcies reach highest level since 2022 as weak yen takes toll
Data suggests smaller firms that employ most of Japan’s workers are finding it increasingly difficult to withstand the currency’s prolonged weakness.
Traders see little long-term relief from the Japanese government’s repeated warnings that it will take bold action to stem the yen's decline.
BUSINESS / Markets
Jul 2, 2026
Traders plot worst-case scenario for yen if currency crisis hits
The yen sliding to a once-unthinkable ¥200 to the dollar level is now a risk — albeit an extreme one — for some investors.
Atsushi Mimura, Japan's vice finance minister for international affairs, during an interview in Tokyo on Wednesday
BUSINESS
Jul 1, 2026
Japan’s forex chief flags contact with U.S. and intervention impact
Mimura’s remarks indicate that he continues to see intervention as a useful tool to stem excessive moves in the currency market.
Japan spent ¥11.7 trillion ($73 billion) between late April and late May to prop up the weak yen.
BUSINESS
Jul 1, 2026
Why is the yen so weak and what can Japan do about it?
The yen has tumbled past a 40-year low against the U.S. dollar, prompting the Japanese government to vow “appropriate action at any time.”
Electronic boards display the foreign exchange rate of the Japanese yen against the U.S. dollar at a foreign exchange brokerage in Tokyo on Tuesday.
BUSINESS / Markets
Jul 1, 2026
Yen’s slide puts market on lookout for Japan’s next red line
Strategists have increasingly pointed to ¥163 and beyond as the next levels to watch.
Japan's currency broke ¥162 to the dollar on Tuesday in Tokyo.
BUSINESS / Markets
Jun 30, 2026
Yen hits 40-year low against the dollar, breaking ¥162 level
The market remains skeptical about the effectiveness of government efforts to prop up the yen, and pressure on the currency has been steady.
The yen has been trading well within intervention territory for about a week.
BUSINESS / Markets
Jun 26, 2026
Yen’s decline makes perfect sense to some analysts
They have started to wonder whether there is really much at all holding the currency up.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Finance Minister Satsuki Katayama attends a budget committee session in April.
BUSINESS / Markets
Jun 23, 2026
Katayama-Bessent call pulls yen back as it approaches four-decade low
The currency strengthened so fast that some traders suspected that intervention was underway.
The yen is near 39-year lows again and has been trading above ¥160 to the dollar for about a week.
BUSINESS / Economy
Jun 22, 2026
Yen continues to test fresh lows as Nikkei 225 hits new highs
Verbal intervention in the currency market has been more tempered than in the past.
Toichiro Asada disagreed with his peers on the biggest risks facing the economy as he voted against the Bank of Japan’s most recent interest rate hike.
BUSINESS / Economy
Jun 22, 2026
Dissent by Takaichi’s BOJ pick hints at case for faster hikes
Toichiro Asada, the first policy board member appointed by Prime Minister Sanae Takaichi, left little doubt about his commitment to monetary stimulus.
The yen traded above the ¥161-to-the-dollar mark all day Friday in Tokyo.
BUSINESS / Markets
Jun 19, 2026
Yen nears four-decade low, and Katayama issues warning
The finance minister’s comments were not as strong as those made in April before intervention.

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The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival