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Tag - currencies

 
 

CURRENCIES

Blockchain's revival is being driven by financial institutions that are tokenizing assets, launching stablecoins and pursuing 24/7 markets.
COMMENTARY / World
Aug 5, 2026
Bankers are doing grown-up stuff with crypto now
Turning cash into code will reduce the number of steps in market transactions and trades, allowing for instant settlement and programmable rules on where money goes and when.
A notepad in front of U.S. Secretary of the Treasury Scott Bessent reads "To Do Buy Japanese Yen $5-10 bil" as he participates in a Cabinet meeting at Camp David, Maryland, on Friday.
BUSINESS / Markets
Aug 2, 2026
Japan to announce Tokyo and Washington took joint action on yen
Finance Minister Satsuki Katayama is expected to stress the two ?countries¡¯ determination to ?combat what they consider excessive yen declines.
A notepad in front of U.S. Secretary of the Treasury Scott Bessent reads "To Do Buy Japanese Yen $5-10 bil" as he participates in a cabinet meeting at Camp David, Maryland, on Friday.
BUSINESS
Aug 1, 2026
Bessent¡¯s ¡®to do¡¯ list: buy $5-10 billion worth of Japanese yen, photo shows
The notepad shows no other words, and Bessent¡¯s name card ?on the Camp David conference table is visible and positioned immediately above the notepad.
The U.S. Treasury intervened to support the yen through outright purchases, joining ?Japan in its efforts ?to boost ?the currency from near 40-year ?lows.
BUSINESS / Economy
Aug 1, 2026
Bessent and the Fed help Japan reverse months of yen losses
The degree of coordination between the two sides appears to be the tightest in decades, raising the stakes for traders betting against the yen.
Bank of Japan Gov. Kazuo Ueda (center) attends a monetary policy meeting with members of the policy board at the central bank's headquarters in Tokyo on Friday.
BUSINESS / Economy
Jul 31, 2026
Japan likely intervened to prop up yen, with possible help from U.S.
Analysts believe Japanese financial authorities moved to lift the yen on Thursday night after it suddenly spiked against the dollar.
The exchange rate of the yen against various currencies outside a securities firm in Tokyo last week. Although the Japanese government appears to have finally stepped in, analysts expect the effects of the intervention to be short-lived.
BUSINESS / Markets
Jul 31, 2026
Yen strengthens on possible intervention
Officials have been warning that efforts might be made to prop up the currency if it weakened too much or too fast.
The Bank of Japan building in Tokyo
BUSINESS / Economy
Jul 28, 2026
Market to look out for hints of next rate hike from BOJ
The central bank is widely expected to keep interest rates steady at its policy meeting this week, having just made a move in June.
Âé¶¹´«Ã½ currency is approaching the closely watched ?165-per-dollar level after hitting a fresh 40-year low of ?163.99 on Thursday.
BUSINESS / Markets
Jul 25, 2026
Yen¡¯s worst week since May brings it close to ?165 vs. dollar
Âé¶¹´«Ã½ currency is approaching the closely watched ?165-per-dollar level after hitting a fresh 40-year low of ?163.99 on Thursday.
A display shows currency rates in Tokyo's Shinjuku district on Friday. The yen hit a fresh four-decade low against the dollar on Thursday night.
BUSINESS / Markets
Jul 24, 2026
Despite weakening yen, intervention may have to wait for right timing, analysts say
Âé¶¹´«Ã½ government is probably seeking effective timing ¡ª a moment when yen-buying pressure increases ¡ª to amplify its effect, some say.
The government could prop up the yen at any moment, though its signaling is hard to read.
BUSINESS / Markets
Jul 22, 2026
Intervention is the word after yen moves beyond ?163 and sits there
Âé¶¹´«Ã½ currency is at its weakest point against the dollar in four decades and is down one-third over five years.
Finance Minister Satsuki Katayama has warned that the government stands ready to take ¡°decisive action¡± on the weakening yen.
BUSINESS / Markets
Jul 22, 2026
Yen breaks ?163 and trades at levels last seen in 1986
Fiscal concerns and the interest rate gap between Japan and the United States weigh on currency.
Supporters of a digital euro argue that ?it would reduce the euro zone¡¯s dependence on U.S. payment firms such as Visa, Mastercard and PayPal.
BUSINESS / Tech
Jul 14, 2026
Europe¡¯s digital euro: What it is and how it would work
The negotiations on rules for a digital euro aim to produce a final law by the end of the year and have it launch in 2029.
An electronic board displays the exchange rate of the yen against the U.S. dollar and other currencies on a street in Tokyo on June 22.
COMMENTARY / Japan
Jul 6, 2026
Fighting yen psychology is a losing battle
Turning the currency around, never easy at the best times, has just become harder given the renewed embrace of the greenback.
Finance Minister Satsuki Katayama has issued verbal warnings recently using the same language and the same tone, saying authorities ¡°will take appropriate action at any time, as necessary.¡±
BUSINESS / Markets
Jul 6, 2026
Japan might be giving the currency market the silent treatment
Officials are saying less than they did before to defend the yen, and when they do speak, they opt for vague and relatively weak statements.
Electronic boards display the foreign exchange rate of the yen against the U.S. dollar at a brokerage in Tokyo on Tuesday.
EDITORIALS
Jul 3, 2026
Little hope for a declining yen amid structural pressures
Ultimately, the value of the yen reflects faith in the Japanese economy¡¯s long-term prospects.
Foreign exchange dealers work inside the Woori Bank trading room in Seoul.
BUSINESS / Markets
Jul 3, 2026
South Korea opens 24-hour won trading at a fraught moment
The launch onto the global stage is taking place just as the won is revisiting low levels last seen in 2009, which leaves the currency and economy more open to speculators.
Japan's currency broke ?162 to the dollar on Tuesday in Tokyo.
BUSINESS / Markets
Jun 30, 2026
Yen hits 40-year low against the dollar, breaking ?162 level
The market remains skeptical about the effectiveness of government efforts to prop up the yen, and pressure on the currency has been steady.
The yen has been trading well within intervention territory for about a week.
BUSINESS / Markets
Jun 26, 2026
Yen¡¯s decline makes perfect sense to some analysts
They have started to wonder whether there is really much at all holding the currency up.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Finance Minister Satsuki Katayama attends a budget committee session in April.
BUSINESS / Markets
Jun 23, 2026
Katayama-Bessent call pulls yen back as it approaches four-decade low
The currency strengthened so fast that some traders suspected that intervention was underway.

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