Bank of Japan

Japan relies on US support, tactical silence in war on yen bears

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Japan relies on US support, tactical silence in war on yen bears

By Makiko Yamazaki and Leika Kihara TOKYO, Jan 29 (Reuters) – Japan’s top monetary officials are taking advantage of rare U.S. support in their fight against the weak yen, using tactical silence and calibrated communication to steer the currency sharply higher without resorting to large-scale intervention. At the heart of the approach is Atsushi Mimura, … Read more

Jim Cramer blames sell-off in “vicious” market on Japan, MicroStrategy

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Jim Cramer blames sell-off in “vicious” market on Japan, MicroStrategy

CNBC host Jim Cramer linked the latest risk move in BTC (BTC) and crypto stocks to growing stress in Japan’s funding markets – and to Strategy’s increasingly tight link to Bitcoin. “This knee-jerk, somewhat vicious, decline smacks of anticipation of hedge funds exploding on Japan’s port-trade, endless worry about ‘harmful’ hypercaler spending and Strategy/Bitcoin since … Read more