Japanese Yen Receives Pressure After Dovish Comments From Minister Shindo

The Japanese Yen moves sideways as investors adopt caution ahead of ISM Manufacturing PMI

FXStreet00:26 ET

Japan's Shindo: Real Economic Growth of 1.3% in FY 2025 Is Not so Unrealistic

Japanese Economy Minister Yoshitaka Shindo said on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.”

FXStreet23:03 ET

Japan's Manufacturing PMI Revised Lower in May

The headline au Jibun Bank Japan manufacturing purchasing managers' index, or PMI, was revised lower to 50.4 in May from an initial reading of 50.5 but still exceeded the 49.6 recorded in April, S&P Global reported Monday.

MT Newswires21:47 ET

Japan's Firms Trim Spending, Reflecting Headwinds to Growth

Japanese companies trimmed capital investment in the first quarter, a result that likely indicates revised data due next week will continue to show the economy contracted in the period.

The Edge Markets21:37 ET

Japan's Capital Outlays Fall, Reflecting Headwinds to Growth

Japanese companies trimmed capital investment in the first quarter, a result that likely indicates revised data due next week will continue to show the economy contracted in the period.

BNN Bloomberg20:37 ET

Japan did not succeed in spending 62 billion US dollars to boost the yen, and the yen exchange rate dilemma is difficult to solve

The yen exchange rate dilemma is difficult to resolve, and the Bank of Japan is now in a dilemma. On Friday May 31, Japan's Ministry of Finance released data showing that in order to support Japan's continued weakness, the Japanese government carried out two significant monetary interventions between April 26 and May 29, investing a record 9.8 trillion yen (about 62 billion US dollars). Most of the capital was spent within four days starting April 29. However, the impact of this huge amount of money invested by Japan on the exchange rate was short-lived. At the end of April, the exchange rate of the US dollar against the yen rose from 160 to 151.85, but just a few days later, the exchange rate on Friday fell back to 1

wallstreetcnMay 31 14:59 ET