BOJ’s Wakatabe says yen’s recent fluctuations too rapid, one-sided
By Leika Kihara WASHINGTON (Reuters) – Bank of Japan Deputy Governor Masazumi Wakatabe said on Saturday the yen’s recent fluctuations were “clearly too rapid and too one-sided,” signalling caution over the potential…
Yen’s pain is far from over and poised for worst year since 1970 – Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Japan’s yen will recoup only a third of its big losses against the dollar in the coming year as the policy gap between the ultra-hawkish U.S.…
IMF cites Japanese yen’s volatility, says monitoring situation
WASHINGTON (Reuters) – Asked about the Bank of Japan’s intervention to boost the yen, the International Monetary Fund noted the currency’s recent volatility and said it was monitoring the situation carefully. “The…
Analysis – Yen’s past points to more pain ahead
By Tom Westbrook SINGAPORE – The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn’t cheap, and investors are…
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