Yen Weakness News Today

Become the big market for them also, so that� s also part of the european calculations. D0 the european calculations. Do ou the european calculations. Do you seeing that the Balance Of Power shifting, then, and they have to adjust accordingly . I think the europeans are acutely aware of the change in the Balance Of Power. And remember, for europe today, one nightmare that they really worry about is the reelection of donald trump coming in for the reelection of donald trump coming infora the re...

Cars in the country. That has been enough to push up shares by 11 in early trade. The Electric Car Giant faces falling sales and increased local competition in china. So this could be a big move. Lets talk about that with michelle, who is standing by in new york. Give us a sense of how significant this could be, just some reports at this stage, but it is what elon musk wanted . ,. , , wanted . You are seeing the response from investors wanted . You are seeing the response from investors with wan...

Of economic co operation. Mr musk said tesla is looking for more win win results. According to reports, he has won approval from the chinese authorities for the enabling of a self driving feature on tesla cars in the country. The news has sent shares up as high as 13 in early trading in new york. Lets get the details from michelle, who is standing by in new york. That is the issue, one of those Self Driving Features on the car with a sort of holding them back by not being able to deploy it. The ...

the yen has been steadily depreciating against the dollar. it recently crossed the 150 yen to dollar threshold. lets speak now to damian thong. he is the head of japanese equity research at financial services firm, macquarie group. its firm, macquarie group. a big tailwind, especially for its a big tailwind, especially for exporting from japan. even for exporting from japan. even for manufacturers outside it means a lot of the profits they would generate overseas will be brought back i...

The crisis facing the yen stems from a confluence of factors that have pushed the Bank of Japan into an economic policy corner. With a debt-to-GDP ratio of over 260%, among the highest in the world, Japan has been effectively locked into keeping interest rates at ultra-low levels, near zero, for years.

What's next after today's yen intervention

USD/JPY is down 6 pips to 154.79 today

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Bank of American sees USD/JPY continuing higher