Yen gets reprieve as dollar dented by private payrolls report
© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo
"There are some indications that the U.S. labour market is cooling down further" but it's still too early to tell, said Moh Siong Sim, currency strategist at Bank of Singapore, putting Friday's non-farm payrolls under close watch. Finance Minister Shunichi Suzuki on Wednesday declined to comment on whether Tokyo had stepped in, and repeated that currency rates must move stably reflecting fundamentals.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY tumbles toward 147.00 as Japanese Yen soars; signs of possible interventionsThe USD/JPY experienced a sudden collapse, plunging more than 250 pips within a few minutes. The pair, which had been trading above 150.00 following t
Read more »
Forex Today: Yen wakes up as the Dollar remains robust, RBNZ nextDuring the Asian session, the key event will be the Reserve Bank of New Zealand monetary policy decision. Throughout the day, the final Service PMIs w
Read more »
Yen surges against dollar, leads some to suspect intervention By ReutersYen surges against dollar, leads some to suspect intervention
Read more »
Japan will take appropriate steps vs excessive yen moves - top FX diplomat By ReutersJapan will take appropriate steps vs excessive yen moves - top FX diplomat
Read more »
Japan will take appropriate steps vs excessive yen moves - finance min By ReutersJapan will take appropriate steps vs excessive yen moves - finance min
Read more »
Japan will take appropriate steps vs excessive yen movesJapan will take appropriate steps against excessive moves in the yen 'without ruling out any options', Finance Minister Shunichi Suzuki said on Wednesday, keeping markets on alert over the chance of yen-buying intervention.
Read more »