Yen: det här behöver du veta

NEW YORK >> The U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East. Yen växer denna fredag fram som ett av de ämnen som drar till sig uppmärksamheten i Sweden.

Fakta

• NEW YORK >> The U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.
• U.S. dollar, euro, yen, pound, Turkish lira and yuan banknotes are seen in this illustration on March 24.
• Officials had intervened to buy the yen, two sources familiar with the matter told Reuters, after it hit its weakest level against the dollar since July 2024.
• The dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.
• “It’s not really a surprise, plus the fact that the yen was in its own world as a currency during the last four weeks or so, and the intervention is pretty understandable,” Velis said.

Vad vi vet

I detalj, U.S. dollar, euro, yen, pound, Turkish lira and yuan banknotes are seen in this illustration on March 24.

Konkret, Officials had intervened to buy the yen, two sources familiar with the matter told Reuters, after it hit its weakest level against the dollar since July 2024.

Dessutom the dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.

Värt att notera är att the U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.

I detta läge Japanese Finance Minister Satsuki Katayama said earlier today that the time to take “decisive” action in the market was nearing, in her strongest signal yet of potential currency intervention to prop up the sagging yen.

Siffrorna

I detalj, the dollar index was down 0.70% at 98.17, on track to snap two straight sessions of gains.

Konkret, the European Central Bank left interest rates unchanged, as expected, but extensively debated a hike to combat soaring inflation, which jumped to 3% in April, above the ECB’s 2% target.

Dessutom the euro rose 0.44% against the dollar to $1.1725.

Värt att notera är att Brent crude prices fell 3.34% to $114.09 per barrel after rising for eight consecutive sessions.

Vad som sägs

“It’s not really a surprise, plus the fact that the yen was in its own world as a currency during the last four weeks or so, and the intervention is pretty understandable,” Velis said.

“It’s pretty obvious given the discussion from the ministry of finance about potential intervention,” said John Velis, Americas macro strategist at BNY.

Bakgrunden

Värt att notera är att Dollar heads for biggest weekly loss against yen since February.

I detta läge the dollar weakened 1.14% to 0.78230 against the Swiss franc.

I detalj, Trump says he will raise tariffs on European cars to 25%.

Konkret, Medicare Advantage plans may cut extra benefits in 2027.

Dessutom Tamashiro Market bids aloha to customers after 85 years.

Sammanfattning

• The dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.
• The U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.
• The dollar index was down 0.70% at 98.17, on track to snap two straight sessions of gains.
• Snabbt växande sökningar: Bedömare: Japanska regeringen har stödköpt yen, Yen carry-traden förklarad: $20 trillion-hotet mot Wall Street, Japanska regeringen hotar med stödköp av yen - Västerbottens, Japan gör miljardinsats för att stötta yenen – varnar för fler åtgärder.