G7, “extremely close” to agreement on Russian oil price limit of $60 = senior official | Reuters

On December 1, senior officials from the G7 countries agreed to cap Russian oil prices at $60 a barrel, with a mechanism to keep them 5% below market prices. said it was “extremely close” to (Archyde.com/Tatiana Meel) NEW YORK (Archyde.com) – Group of Seven (G7) officials said on Wednesday they would set a price cap … Read more

Situation severely confronting speculators through the market = Finance Minister Suzuki in exchange rate | Reuters

When asked why the Japanese yen is being targeted by speculators, Finance Minister Shunichi Suzuki said at a post-cabinet press conference on the 21st, “We are now in a situation where we are facing off against speculators through the market.” . The photo shows Mr. Suzuki at a press conference at the Ministry of Finance … Read more

Yen-buying resource “infinite” and Finance Minister Kanda, without mentioning intervention, put 150 yen on the dollar | Reuters

On October 20, Finance Minister Masato Kanda (Photo 9) was asked whether he had decided to intervene in the foreign exchange market after the yen temporarily hit 150 yen to the dollar. No,” he said at the Ministry of Finance in Tokyo, January 2022. REUTERS/Issei Kato [TOKYO (Archyde.com)]- Finance Minister Masato Kanda responded to reporters … Read more

Angle: “Everything is expensive”, US travelers scream at strong dollar | Reuters

SAN FRANCISCO/NEW YORK/LONDON (Archyde.com) – British electrician Geoff Skipper, 50, and university administrator Valerie, 47, traveled to San Francisco earlier this month for a number of weeks. What I’ve seen for some time now was the unhelpful sight of the pound/dollar continuing to fall in a straight line. British electrician Jeff Skipper and university administrator … Read more

Focus: Inconsistency between the government and the Bank of Japan, or speculation due to intervention.

TOKYO (Archyde.com) – The yen-buying intervention on Friday has sparked speculation among market players that there may be a policy mismatch between the government and the Bank of Japan. Both sides deny that there is a contradiction, but there is a persistent view that the BOJ will eventually be forced to revise its monetary easing … Read more

The Bank of England’s “significant policy response” assumption should wait until the next meeting = Mr. Pill | Reuters

Bank of England chief economist Hugh Pill said on Wednesday that he is likely to take a “significant policy response” to Chancellor Kwartengu’s big tax cuts, but will act until the next meeting in November. should not cause (Archyde.com/Peter Nicholls/File Photo) [ロンドン 27日 ロイター] – Bank of England chief economist Hugh Pill said on Wednesday … Read more

Do not eliminate all means, respond as necessary = Yen depreciation, Finance Minister Suzuki | Reuters

Finance Minister Shunichi Suzuki reiterated on the 9th that it is important for exchange rates to remain stable in line with fundamentals. File photo, July, Bali, Indonesia, representative photo (2022 REUTERS) TOKYO (Archyde.com) – Finance Minister Shunichi Suzuki reiterated on Thursday that it is important for the currency to remain stable in line with fundamentals. … Read more

Column: Progression of yen depreciation, spiral launch inconvenient for government and Bank of Japan | Reuters

[Tokyo 8th Archyde.com]- The strong dollar and the weak yen cannot be stopped. This move will further push up Japan’s import prices, keep the consumer price index (excluding fresh food, core CPI) high, and increase the downward pressure on private consumption. There is a growing view in the market that even if the yen-buying intervention … Read more