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US shakes up currency markets with talk of unusual yen-buying via selling euros

US shakes up currency markets with talk of unusual yen-buying via selling euros

By Alun John LONDON, Aug 3 (Reuters) - Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S.

Japan confirms joint yen intervention with US, signals readiness for more action

Japan confirms joint yen intervention with US, signals readiness for more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.

Analysis-Japan's fight with yen bears goes on after joint rescue

Analysis-Japan's fight with yen bears goes on after joint rescue

By Rae Wee and Ankur Banerjee SINGAPORE, Aug 3 (Reuters) - A rare joint U.S.-Japan intervention has raised the stakes on traders betting against the yen, but analysts are doubtful speculators will be kept at bay without tighter monetary policy.

Yen climbs for third straight session with traders on alert for intervention

Yen climbs for third straight session with traders on alert for intervention

By Stefano Rebaudo and Rae Wee Aug 3 (Reuters) - The yen rose for a third straight session on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan's currency.

Analysis-How a US-Japan pact to hit yen speculators came together

Analysis-How a US-Japan pact to hit yen speculators came together

By Leika Kihara, Makiko Yamazaki and Tamiyuki Kihara TOKYO, Aug 3 (Reuters) - A joint U.S.-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over

Yen climbs for third straight session, euro/dollar awaits US data

Yen climbs for third straight session, euro/dollar awaits US data

By Stefano Rebaudo Aug 3 (Reuters) - The yen rose for a third straight session against the euro and the dollar on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan's currency.

Japan to announce Tokyo, Washington took joint action on yen, sources say

Japan to announce Tokyo, Washington took joint action on yen, sources say

By Tamiyuki Kihara, Makiko Yamazaki and Leika Kihara TOKYO, Aug 2 (Reuters) - Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen's slide to 40-year lows, two Japanese government officials told

Japan to vow coordination with US on weak yen in historic battle

Japan to vow coordination with US on weak yen in historic battle

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan is expected to announce on Monday that it took joint action with the U.S. to halt the yen's slide to 40-year lows and express its commitment to rare bilateral coordination that it hopes could mark a turning point for the currency.

Exclusive-Japan to announce Tokyo, Washington took joint action on yen, sources say

Exclusive-Japan to announce Tokyo, Washington took joint action on yen, sources say

TOKYO, Aug 2 (Reuters) - Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen's slide to 40-year lows, two Japanese government officials told Reuters.

Rare joint currency intervention sends strong message to markets

Rare joint currency intervention sends strong message to markets

By Ankur Banerjee, Yena Park and Samuel Indyk SEOUL/SINGAPORE/LONDON, July 31 (Reuters) - Japan and South Korea both stepped in to buy their currencies on Thursday, sources and analysts said, while signs of U.S. support grew on Friday in a rare coordinated intervention that marks an escalation in

Yen steady as traders remain alert to intervention risks

Yen steady as traders remain alert to intervention risks

By Shashwat Chauhan July 31 (Reuters) - The yen steadied after rising briefly earlier on Friday, with traders remaining alert for a second round of intervention after Japanese authorities stepped in to prop up their currency a day earlier.

BOJ nods to chance of early rate hike as Tokyo props up yen

BOJ nods to chance of early rate hike as Tokyo props up yen

By Leika Kihara and Makiko Yamazaki TOKYO, July 31 (Reuters) - The Bank of Japan on Friday warned for the first time that underlying inflation could exceed its target and said future policy discussions would focus on upside price risks, signalling the chance of a rate hike as soon as September.