Bank of Japan, Japanese Government Buy Yen in Foreign Exchange Intervention, U.S. Checks Rate
The Japanese government and the Bank of Japan intervened in the foreign-exchange market to buy the yen and sell dollars, according to a report by Nikkei. The operation took place in the New York trading session on Thursday.
The move followed a sharp currency surge that sparked earlier speculation about official support. U.S. authorities conducted a rate check during the same session, and Treasury Secretary Scott Bessent indicated that Japanese officials may have entered the markets earlier in the day.
From the sources (16 posts)
@zerohedgeBOJ finally woke up: USDJPY plunging, looks interventiony
@financialjuice🔴 Potential yen intervention
@firstsquawkYEN SURGES IN A STRONG MOVE, RAISING CONCERNS ABOUT POSSIBLE INTERVENTION.
@maxcrypto🚨 BREAKING 🚨 USD/JPY just dumped to a 2-month low. "Yen Intervention" has started.
@zerohedgeJapanic: Yen Suddenly Spikes Stoking Intervention Speculation
@businessThe yen surges, spurring speculation that Japanese authorities have intervened again
@financialjuiceThe Japanese Government and the BoJ intervened in the forex market - Nikkei.
@financialjuiceUS authorities also conducted a rate check - Nikkei.
@firstsquawkTHE JAPANESE GOVERNMENT AND THE BANK OF JAPAN INTERVENED IN THE FOREX MARKET, WITH U.S. AUTHORITIES ALSO CONDUCTING A RATE CHECK - NIKKEI
@wallstengineJAPAN 🇯🇵 GOVERNMENT, BOJ INTERVENED IN FOREX MARKET: NIKKEI
@zerohedge*JAPAN GOVERNMENT, BOJ INTERVENED IN FOREX MARKET: NIKKEI thanks, we noticed
@zerohedgeBank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check'
@goldtelegraph_BREAKING NEWS THE JAPANESE GOVERNMENT INTERVENED IN FOREIGN-EXCHANGE MARKETS TO BUY YEN AND SELL DOLLARS There you go…
@macroedgeresJapanese government, Bank of Japan intervened in forex market - Nikkei #MacroEdge
@financialjuiceU.S. Treasury’s Bessent: Japan may have stepped into currency markets earlier Thursday - Fox Business Network reporter
@financialjuiceJapan govt and BoJ carried out yen purchase, dollar sale intervention in NY market Thursday: market source