yen

Asian banks’ FX desks brace for volatility as yen intervention risks return

Pickup comes despite a high base a year earlier when investors positioned for the return of Trump to the White House

The rate of the yen against the US dollar displayed outside a securities firm in Tokyo, Japan, Feb 9, 2026.

Yen slide deepens as Takaichi triumph in Japan election paves the way for more stimulus

[SINGAPORE] The yen extended a string of recent losses in early Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept to victory in Sunday’s election, easing the path to further f...

The Bank of Japan raised its short-term policy rate to 0.75 per cent in December and has signalled its readiness to keep pushing up borrowing costs.

Former Japan currency chief says FX intervention should be backed by rate hikes

Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates

The Singdollar remains a bastion of stability, but the currencies around it are on the move.

How strong is the Singdollar? These charts show how it is performing against regional currencies

These seven charts track the Singapore dollar against key currencies over the last six months

The yen could be cheap because investors are worried about the danger that Japan will lose its fiscal and monetary credibility.
THE BROAD VIEW

The weak yen and the weakening US dollar are signs of financial fragility

But neither Japan nor America should meddle with exchange rates

The US dollar weakened as much as 1.8 per cent against major currencies this week.

Intervention, Inflation and the STI

The US dollar is sliding, gold is near US$5,600 and Singapore’s STI is nearing 5,000 points. SGX’s Geoff Howie explains what’s driving the market.

A stronger Singdollar is beneficial in terms of imported costs, but it may also influence export competitiveness and the attractiveness of Singapore as a tourist destination, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably