Tag - dollar

 
 

DOLLAR

China is quietly laying the financial plumbing to weaken the dollar’s dominance by expanding the interest-bearing e-CNY at home and pushing blockchain-based cross-border payment systems abroad.
COMMENTARY / World
Mar 29, 2026
China tests new payment rails in challenge to ‘King Dollar’
With little fanfare, China’s e-CNY, the official digital currency, has gone from being interest-free cash to a yield-bearing product of commercial banks.
Finance Minister Satsuki Katayama says Japanese authorities are watching the foreign exchange market “with the utmost sense of urgency” as the yen nears 160 to the dollar on Monday.
BUSINESS / Markets
Mar 16, 2026
Japan’s Katayama says authorities ready to take bold steps on yen as needed
The finance minister’s remarks come as the yen trades near its weakest levels against the dollar this year with markets remaining volatile due to conflict in the Middle East.
Finance Minister Satsuki Katayama speaks in parliament on Feb. 20.
BUSINESS / Markets
Mar 14, 2026
Japan and South Korea ready to act against forex volatility, ministers say
Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea “expressed serious concern over the recent sharp depreciation of the Korean won and the Japanese yen.”
The yen dropped as much as 0.5% to 155.51 against the dollar on Monday.
BUSINESS / Markets
Feb 2, 2026
Yen drops after Takaichi comment cools intervention speculation
The currency dropped as much as 0.5% to 155.51 against the dollar on Monday.
A board showing the yen's exchange rate with the U.S. dollar in Tokyo on Wednesday.
BUSINESS / Markets
Jan 30, 2026
Japan business leader calls on government to act more on yen rate
The comments came as the weak yen continues to hurt smaller firms by pushing up import costs and narrowing room for wage increases.
U.S. Treasury Secretary Scott Bessent said the U.S. is “absolutely not” intervening in the dollar-yen market.
BUSINESS / Markets
Jan 29, 2026
Traders highlight risks for Japan going solo on yen intervention
Hopes were dented after Bessent said on Wednesday the U.S. is “absolutely not” intervening in the dollar-yen market.
Finance Minister Satsuki Katayama speaks during the World Economic Forum annual meeting in Davos, Switzerland, on Tuesday.
BUSINESS / Markets
Jan 23, 2026
Finance chief Katayama watching yen rate ‘with sense of urgency’
Katayama was speaking after the yen gyrated sharply at the conclusion of a press briefing by Bank of Japan Gov. Kazuo Ueda.
Donald Trump Jr., Eric Trump and Zach Witkoff, co-founder and CEO of World Liberty Financial, gesture outside the Nasdaq building in New York on Aug. 13, 2025.
BUSINESS / Tech
Jan 14, 2026
Pakistan to partner with World Liberty Financial on dollar-linked stablecoin, source says
The deal comes amid a warming of ties between Pakistan and the United States.
U.S. President Donald Trump celebrates with other officials at the White House in July after signing the Genius Act, which will develop a regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry.
COMMENTARY / World
Jan 5, 2026
Will stablecoins preserve dollar dominance?
Some governments may hesitate, fearing that currency substitution would undermine the effectiveness of domestic monetary policy.
The U.S. Treasury Department in Washington. While there is no immediate candidate to supplant the U.S. dollar, higher U.S. inflation remains a threat, and global trade with the U.S. is becoming increasingly fragmented.
COMMENTARY / World
Dec 30, 2025
Gambling with the dollar’s future
While there is no immediate candidate to supplant the U.S. dollar, higher U.S. inflation remains a threat, and global trade with the U.S. is becoming increasingly fragmented.
U.S. Federal Reserve Chair Jerome Powell looks on as U.S. President Donald Trump holds a document during a tour of the Federal Reserve Board building in Washington in July.
COMMENTARY / World
Dec 23, 2025
Will the U.S. Fed be allowed to do its job?
Will the central bank maintain enough autonomy and credibility to promote financial stability and employment if politics, debt and market exuberance head the other way?
Finance Minister Satsuki Katayama says Japan has a “free hand” to take bold action against currency moves during an interview in Tokyo on Monday.
BUSINESS / Economy
Dec 23, 2025
Japan has ‘free hand’ for bold action in FX market if needed
Finance Minister Satsuki Katayama’s remarks are her strongest warning yet to speculators following the yen’s weakening even after a rise in interest rates.
Kazuo Ueda, governor of the Bank of Japan, arrives for a meeting at the Diet in Tokyo on Nov. 21.
BUSINESS
Dec 5, 2025
BOJ set to hike rates and stay open to more moves
The BOJ will also indicate it will continue to raise rates if its economic outlook is realized while remaining cautious on how far they will eventually push rates up.
Currency forecasts can be unreliable, as the yen’s recent weakness highlights the limits of intervention and the influence of narratives over economic fundamentals.
COMMENTARY / Japan
Nov 28, 2025
We need to shatter one big myth about the weak yen
That the PM’s extra budget, amounting to less than 3% of GDP, should trigger the weakening seen in recent weeks makes little sense — particularly given record tax revenue.
Finance Minister Satsuki Katayama speaking on Wednesday. On Friday, she said that intervention on the currency markets is a “possible option.”
BUSINESS / Markets
Nov 21, 2025
‘Sell Japan’ trade takes a breather as verbal intervention dialed up slightly
The stimulus package that so worried the market came in within expectations
The yen has deepened recent lows against the dollar as the 'sell Japan' trade gains steam ahead of big fiscal stimulus.
BUSINESS / Markets
Nov 20, 2025
Yen and Japanese bonds continue to retreat as verbal intervention lacking
Ahead of superbig fiscal stimulus, officials choose not to talk up the currency.
The yen has been weak against the U.S. dollar in recent weeks, with some analysts expecting the retreat to continue.
BUSINESS / Markets
Nov 19, 2025
Yen rout brings talk of ¥160 to the dollar and possible intervention
New administration hit by triple whammy of falling stocks, bonds and currency
The yen has fallen about 4.5% against the dollar so far this quarter, the most among its Group of 10 peers.
BUSINESS / Economy
Nov 13, 2025
Japan’s slumping currency intensifies debate over intervention
As the yen slumps toward levels that previously drew authorities into the market, traders are increasingly skeptical that direct intervention will work this time.
The yen-dollar exchange rate is displayed outside a securities firm in Tokyo on Oct. 27. The yen slid about 4% against the dollar in October.
BUSINESS / Economy
Nov 4, 2025
Goldman and BofA see no immediate intervention risk as yen nears 155
The yen weakened further after BOJ held rates steady last week, with little guidance offered on future hikes.
Less than a week ago, Sanae Takaichi seemed set to become Japan's first female prime minister.
BUSINESS / Markets
Oct 10, 2025
‘Takaichi trade’ starts unwinding as political calculus upended by Komeito exit
Stocks fell and the yen rose after the coalition collapsed

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