Tag: intervention

Chinese intervention in stock markets – National Team buying sending stocks surging

<p>Chinee indices are jumping sharply higher. </p><p>Hong Kong&apos;s Hang Seng is up circa 1% after its more than 6% drop on Monday</p><ul><li>the HK tech index is up more than 5%</li></ul><p>Hang Seng:</p><p>FX getting a...

Japan’s suspected FX intervention fails to stem yen slide By Reuters

© Reuters. FILE PHOTO: Japan's Finance Minister Shunichi Suzuki speaks at a news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen...

Dollar Edges Higher Despite Likely BOJ Intervention; Sterling Rises By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trading Monday, absorbing suspected intervention by the Bank of Japan, while sterling pushed higher as former finance minister Rishi...

USD/JPY intervention today proving to be futile

When Japanese authorities stepped in earlier, the pair fell from 149.62 to 145.48 in quick succession. However, the intervention move was quickly bought up before the pair held close to 149.00 for the...

Dollar fends off another suspected intervention from Japan By Reuters

2/2 © Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo 2/2 By Vidya Ranganathan and Kevin Buckland SINGAPORE (Reuters) - Suspected Bank...

ForexLive Asia-Pacific FX news wrap: BoJ intervention prompts wild, wide USD/JPY swings

The big news out of the Asian timezone today was the Bank of Japan intervention to sell USD/JPY. Estimates of the amount of selling ranged from USD30bn to USD50bn. The BoJ has to sell its foreign reserves...

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