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Japan makes strongest intervention warning as yen hits 34-year low

Japan makes strongest intervention warning as yen hits 34-year low
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Yen drops to weakest since 1990

Yen drops to weakest since 1990
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Yen hits 34-year low as Dollar gains momentum, Japanese intervention possible

Yen hits 34-year low as Dollar gains momentum, Japanese intervention possible
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Analysis-As yuan skids, markets bet more depreciation is in store By Reuters

Analysis-As yuan skids, markets bet more depreciation is in store By Reuters
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Analysis-As yuan skids, markets bet more depreciation is in store

China's yuan is sliding and market participants suspect authorities are deliberately but slowly engineering a light depreciation of the currency, both to complement an easy monetary policy and to support exports. While the yuan has declined roughly 2% this year against the dollar, it has become relatively less competitive as Japan's yen and currencies of other neighbours South Korea, Thailand and Taiwan drop more sharply. The People's Bank of China (PBOC) also appears to have loosened its grip on the yuan, allowing it to fall to the weak side of the 7.2-per-dollar level that state-owned banks had staunchly defended in the past, though it has continued to lend some support through stronger-than-expected settings of the daily mid-point for the currency.

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Yen hits 34-year low ahead of key US inflation test - Markets

SINGAPORE: The dollar climbed on Wednesday in the wake of more strong US economic data, nudging the Japanese yen to...

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As yuan skids, markets bet more depreciation is in store

Many suspect authorities are deliberately but slowly engineering a light slide

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Analysis-As Yuan Skids, Markets Bet More Depreciation Is in Store

Analysis-As Yuan Skids, Markets Bet More Depreciation Is in Store
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Japan makes strongest intervention warning as yen slumps

Japan makes strongest intervention warning as yen slumps
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.

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Yen hits 34-year low, equity markets mixed ahead of key US data

The yen plunged Wednesday to a 34-year low against the dollar after a top Bank of Japan official indicated it would press ahead with a loose monetary policy, even after

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