USD/JPY: Tokyo sounds alarm over rapid yen slide – ING
Japanese officials are signaling growing unease over the yen’s swift depreciation, with Finance Minister Katayama stressing close monitoring of 'one-sided' FX moves.

Japanese officials are signaling growing unease over the yen’s swift depreciation, with Finance Minister Katayama stressing close monitoring of 'one-sided' FX moves. Markets eye 155.0 as a potential intervention trigger, though U.S. approval remains uncertain, ING's FX analyst Francesco Pesole notes.

Katayama warns FX moves watched with 'high urgency'

"USD/JPY is now obviously causing concerns for authorities. Finance Minister Satsuki Katayama said overnight that the yen’s 'very one-sided and rapid currency' moves are being watched with a 'high sense of urgency'."

"This confirms it’s officially the rate of change rather than the level that matters, although previous instances of BoJ FX intervention tell us that psychological levels play a role too. This time, there is a larger question mark on whether the US will condone FX intervention."

"Markets may be willing to test whether 155.0 is a line in the sand – inaction around that level could prompt more speculative long USD/JPY bets. However, hot Tokyo CPI and industrial production overnight raise the chance of a December hike, which is our base case, but only 45% priced in by markets."

Acuity Trading
Trade The World
Ang Acuity Trading ay isang fintech na nakabase sa London na itinatag noong 2013, na dalubhasa sa AI-powered na alternative data at sentiment analysis para sa trading at investments. Inirebolusyon nila ang online trading experience gamit ang visual news at sentiment tools, at patuloy na nangunguna sa merkado sa pamamagitan ng alpha-generating alternative data at highly engaging trading tools gamit ang pinakabagong AI research at technology.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa