Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Nikkei Reports That Japan Did Intervene In FX Markets To Support Yen

JAPAN
  • According to Nikkei reports, Japan did in fact intervene in the foreign exchange market to support the yen.
  • This had been widely speculated after the currency dropped to a fresh 32-year low below 151.90 to the dollar.
    • The reports were, however, citing an unidentified person and separate reports from Kyodo said that the country’s top currency official, Masato Kanda, declined to comment on whether the country intervened when asked by reporters so official confirmation is still awaited.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.