[Tree] Central banks in Japan and Taiwan maintain cautious approach to inflation

Version 0.25 (2024-07-26 11:07:45.522000)

updates: Merge information about Taiwan's central bank's approach to inflation

Version 0.24 (2024-05-27 05:58:46.156000)

updates: Japan's central bank's cautious approach to inflation

Version 0.23 (2024-05-26 22:54:23.331000)

updates: Japan's renewed push to counter excessive yen falls at the G7 meeting

Version 0.22 (2024-05-26 02:53:36.895000)

updates: Japan signals readiness to intervene as yen drops

Version 0.21 (2024-05-25 09:53:16.766000)

updates: G7 reaffirms commitment to warning against excessive currency volatility

Version 0.2 (2024-05-22 01:55:52.679000)

updates: Japanese Currency Diplomat Expresses Concerns over Economic Fragmentation and Discusses Weakening Yen

Version 0.19 (2024-05-08 04:53:26.716000)

updates: Japanese Finance Minister's statement on undesirable rapid FX moves

Version 0.18 (2024-05-07 03:57:55.823000)

updates: Japan warns of possible intervention to address currency fluctuations

Version 0.17 (2024-05-05 05:53:56.593000)

updates: ASEAN Plus 3 expresses concerns about exchange rate fluctuations

Version 0.16 (2024-04-25 23:54:16.359000)

updates: Finance ministers discuss concerns over weak yen and won

Version 0.15 (2024-04-23 03:20:45.204000)

updates: Japan's Finance Minister signals readiness to address weakening yen

Version 0.14 (2024-04-18 21:20:26.797000)

updates: Japanese Finance Minister emphasizes multiple factors in determining yen exchange rates

Version 0.13 (2024-04-17 21:21:09.321000)

updates: Japan and US agree to closely communicate on currency markets

Version 0.12 (2024-04-12 03:31:25.746000)

updates: Reiteration of concerns by Japanese Finance Minister about the negative impact of weak yen on consumers and firms

Version 0.11 (2024-04-12 02:31:33.917000)

updates: Reiteration of Finance Minister's concerns about excessive weak yen

Version 0.1 (2024-04-12 00:23:49.368000)

updates: Japanese Finance Minister's concerns about weak yen's impact

Version 0.09 (2024-04-11 09:25:02.691000)

updates: The Japanese yen has weakened despite Japan's first interest rate hike since 2007 and optimism about the economy. The reasons for the yen's weakness include low interest rates, momentum in foreign exchange markets, carry trades, and the historic shift out of negative interest rates by Japan's central bank. The yen's weakness threatens to erode the competitive advantage of Chinese manufacturers and may be behind recent falls in the yuan. Some analysts speculate that the weak yen could be a result of China's close grip on its currency.

Version 0.08 (2024-03-14 02:17:33.281000)

updates: Strategists have lowered their estimates for yen strength in 2024

Version 0.07 (2024-01-05 23:18:18.060000)

updates: The yen had its worst week against the US dollar in 16 months due to the economic fallout from a powerful earthquake, reducing the likelihood of the Bank of Japan scrapping negative rates. Traders expect the BOJ to hold policy steady to assess the economic impact of the earthquake. Hedge funds added to bearish yen bets in the week ended January 2. The yen is still expected to strengthen in 2024, with a consensus estimate of USD/JPY at 135. Mark Dowding, CIO at RBC BlueBay Asset Management, believes the disaster has created uncertainty for the BOJ in terms of timing any potential moves on interest rates and expects a pro-growth boost to fiscal spending as the likely policy response. Dowding forecasts that the yen will outperform other major currencies in the year ahead.

Version 0.06 (2023-12-29 03:00:33.318000)

updates: Added information about the US dollar's performance in 2023

Version 0.05 (2023-12-26 13:01:49.181000)

updates: Updates on the Japanese yen's performance in 2023

Version 0.04 (2023-11-15 04:42:15.927000)

updates: Updated information on the yen's weakness and its implications for the Japanese economy

Version 0.03 (2023-11-07 13:11:39.399000)

updates: Restructured and revised the story for improved clarity and impact

Version 0.02 (2023-11-04 03:26:29.880000)

updates: Restructured and streamlined information for clarity

Version 0.01 (2023-11-04 01:25:13.188000)

updates: The story now includes information about investors turning to cheap Chinese shares

Version 0.0 (2023-11-03 12:28:11.692000)

updates: