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With or without official word on intervention, weak yen may persist

With or without official word on intervention, weak yen may persist
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Bets Against Yen at Highest in 17 Years as Test of 152 Looms

Bets Against Yen at Highest in 17 Years as Test of 152 Looms
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02/01 XAU/USD Analysis Today: Overall Trend Still Bullish

Expectations of US Fed rate cuts in 2024 push gold to record highs, with XAU/USD hitting $2,140/oz before stabilizing around $2,076/oz, amid a bearish USD.

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Japan Life Insurers Cut Hedging by Most in Decade Amid Weak Yen

Japan Life Insurers Cut Hedging by Most in Decade Amid Weak Yen
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FOCUS: Yen fall may prove a debilitating blow to Japan, spotlights BOJ

The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at current levels is already a cause for alarm for Japan Inc. and consumers.

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Yen weakening may prove debilitating blow to Japan

The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at current levels is already a cause for alarm for Japan Inc and consumers. The yen is…

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