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LN24 > Blog > Japanese yen
29
May

Japan Spent $73 Billion Defending Yen in Massive Currency Intervention, Ministry Data Shows

  • LN24 / 3 weeks
  • 0
  • 4 min read

Japan spent an estimated 11.4 trillion yen ($73 billion) on currency market intervention over the past month in one of its largest efforts ever to support the struggling yen, according to official data released by the Ministry of Finance on Friday. The figures confirm the scale of Tokyo’s aggressive attempts to stabilize the Japanese currency […]

US Dollar Hits NEW LOWS Amid Trump’s Strife with the Federal Reserve
22
Apr

US Dollar Hits NEW LOWS Amid Trump’s Strife with the Federal Reserve

  • LN24 / 1 year
  • 0
  • 7 min read

The US dollar index slid to a 15-month low, falling against the euro, British pound, Japanese yen, and Swiss franc. US stocks have also trended downward, with the S&P 500 dropping more than 2.5%. The Nasdaq took the biggest hit, plummeting over 3%, according to The Wall Street Journal. Meanwhile, gold is performing strongly, soaring […]