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who said action was needed to stem rapid rises in the yen. Ozawa is pitted against Prime Minister Naoto Kan in a party leadership race. [ID:nTKF106994] The euro fell 0.5 percent against the yen to 107.54 yen EURJPY=R ...
Read moreTOKYO—New data released Wednesday on the rapid growth of the global foreign-exchange market shows that if Japan tries to intervene to stop the yen's crippling rise, it will face a much larger task than ...
Read moreID:nTFD006532] The yen's rapid advance in recent weeks prompted Japanese authorities to announce easing measures on Monday. A strong yen makes Japan's exports more expensive and reduces their competitiveness.
Read moreTo deal with the yen's rapid appreciation, we will immediately spend all of the 2 trillion yen" in the current fiscal year's budget to soften the impact of yen gains, he added. Measures would include subsidies for ...
Read moreFXstreet.com (Barcelona) - AUD/USD downtrend stays intact on Wednesday, after a spike up earlier in Europe faltered at 0.8885, bears came in to inject a boost in order flows, having a rapid and killing effect for the ...
Read moreThe yen showed limited reaction to Japanese political heavyweight Ichiro Ozawa saying action was needed to stem rapid rises in the yen. Ozawa is pitted against Prime Minister Naoto Kan in a party leadership race that ...
Read moreEURO (EUR) – The Euro gained versus the dollar in Forex Trading for the first day ... speculations that Japan’s policy makers will take measures to halt the currency’s rapid advance. Breaching the 85 level will ...
Read moreThe rapid advance, which pushed the yen to a 15-year high ... But Serebriakov and other analysts pointed to the recent experiences of central banks' moves in forex markets. They caution that direct intervention may ...
Read moreJapan has not acted in the currency market after ending in 2004 a massive yen-selling intervention aimed at preventing a rapid yen rise from aggravating deflation and derailing a fragile economy.
Read moreID:nTFD006532] The yen's rapid advance in recent weeks prompted Japanese authorities to announce easing measures on Monday. A strong yen makes Japan's exports more expensive and reduces their competitiveness.
Read more