Japan is betting on a hawkish shift at the Bank of Japan and an endorsement from U.S. Treasury Secretary Scott Bessent to give yen-buying intervention extra bite. https://www.japantimes.co.jp/business/2026/05/09/economy/boj-washington-yen-battle/?utm_medium=Social&utm_source=mastodon #business #economy #boj #us #banks #globaleconomy #scottbessent #kazuoueda #yen #sanaetakaichi
Japan bets on Washington and BOJ for extra punch in yen battle

The strategy is reliant on a small cast of heavyweights and is aimed less at a dramatic turnaround than at raising the cost of betting against the yen.

The Japan Times
Japan's repeated interventions to support the yen may provide temporary relief, but deep structural economic pressures and global instability are likely to keep the currency weak. https://www.japantimes.co.jp/editorials/2026/05/08/japan-pulls-stops-yen-slide/?utm_medium=Social&utm_source=mastodon #editorials #boj #federalreserve #centralbanks #kazuoueda #yen #forex #oil #iran #us #energy #japaneseeconomy
Japan pulls out the stops to halt the yen’s slide

While the yen's dive has been abetted by speculators, the real causes of the currency's weakness are structural.

The Japan Times
Japanese workers' real wages rose in March for a third consecutive month, supporting the Bank of Japan's case for further interest rate hikes even as the Middle East conflict clouds the economic outlook. https://www.japantimes.co.jp/business/2026/05/08/economy/real-wages-march-rise/?utm_medium=Social&utm_source=mastodon #business #economy #wages #japaneseeconomy #economicindicators #middleeast #boj #inflation
Japan’s real wages rise for third month to keep BOJ on hike path

It remains unclear whether higher wages will lift consumption.

The Japan Times
Japan is normalizing frequent currency interventions and signaling tactics to hold the yen near a target range, with quiet backing from the U.S. despite limited impact from rate hikes. https://www.japantimes.co.jp/commentary/2026/05/05/yen-intervention-new-normal/?utm_medium=Social&utm_source=mastodon #commentary #yen #boj #sanaetakaichi #fed #monetarypolicy #yen #dollar #forex #satsukikatayama
‘Keep phones on,’ Tokyo warns as yen battle intensifies

Traders are going to need to hold onto their devices going forward, as these kinds of interventions are becoming the new normal.

The Japan Times
Up to three episodes of currency interventions within six months is consistent with a free-floating exchange-rate regime under IMF rules, an official at Japan's Finance Ministry has said after the yen surged on Thursday. https://www.japantimes.co.jp/business/2026/05/05/markets/imf-yen-interventions/?utm_medium=Social&utm_source=mastodon #business #markets #japaneseeconomy #yen #boj #satsukikatayama #iran #imf
Japan can intervene twice more before November under IMF rules, official notes

The comments came after the yen surged last Thursday following reported intervention by the authorities, and also saw a number of intraday rallies during days that followed.

The Japan Times
The world's leading central bankers are stuck. Inflation is surging, economic growth is slowing, and it's not clear how long the energy shock set off by the war in Iran or these broader economic effects will last. https://www.japantimes.co.jp/business/2026/05/02/economy/world-central-banks-problem/?utm_medium=Social&utm_source=mastodon #business #economy #boj #federalreserve #ecb #yen #dollar #euro #banks #globaleconomy #iran #usas
The world’s central banks are wrestling with a gigantic problem

Surging inflation, an economic slowdown, and uncertainty over how long the energy shock set will last has forced central banks to adjust.

The Japan Times
Desperately hoping to stop the yen's rapid depreciation, the Japanese government and the Bank of Japan appeared to have intervened in the currency market for the first time in about two years on Thursday afternoon. https://www.japantimes.co.jp/business/2026/05/02/markets/japan-yen-intervention-focus/?utm_medium=Social&utm_source=mastodon #business #markets #forex #japaneseeconomy #yen #boj #satsukikatayama #iran #middleeast
Japan determined to prop up yen through intervention

Many analysts believe the effects of the latest intervention will be short-lived as the factors that contribute to a weaker yen remain unchanged.

The Japan Times
Japan is remaining mum on yen intervention and heavy on jawboning ahead of a long holiday weekend with traders and investors bracing for another round. https://www.japantimes.co.jp/business/2026/05/01/markets/yen-market-intervention/?utm_medium=Social&utm_source=mastodon #business #markets #forex #japaneseeconomy #yen #boj #satsukikatayama #iran #middleeast
Japan mum on yen intervention, heavy on jawboning, ahead of long holiday weekend

Multiple reports say that the government did seek to prop up the currency, and traders are bracing for another round.

The Japan Times
Tokyo's key inflation gauge unexpectedly slowed, staying below the Bank of Japan's target in a result that supports the bank's cautious approach toward resuming interest rate hikes. https://www.japantimes.co.jp/business/2026/05/01/economy/tokyo-cpi-april/?utm_medium=Social&utm_source=mastodon #business #economy #tokyo #japaneseeconomy #inflation #boj #internalaffairsministry #economicindicators #energy #iran #oil
Tokyo inflation cools on childcare support, backing BOJ caution

The consumer price index excluding fresh food rose 1.5% in April from a year earlier in the capital, the smallest gain since March 2022.

The Japan Times
The yen surged more than 2%, for its biggest gain in three years, after Japan intervened in the foreign-exchange market hours after officials delivered a "final" warning to investors against selling the currency. https://www.japantimes.co.jp/business/2026/05/01/economy/yen-intervention-surge/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #yen #forex #boj #satsukikatayama
Yen soars as Japan intervenes after issuing 'final' warning

Until the government stepped in, the currency had been trading close to its cheapest levels in four decades.

The Japan Times