Yen Watchers Ask Where Is Japan as Currency Losses Accelerate [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
Most Read from Bloomberg BHP's $39 Billion Copper Play Was Years in the Making Fed Repricing Gives Rise to New Equities Playbook in Asia Apple Intensifies Talks With OpenAI for iPhone Generative AI Features The Long, Slow Death of Urban Nightlife Plunging Home Prices, Fleeing Companies: Austin's Glow Is Fading The currency fell to a 34-year low against the dollar Friday after the Bank of Japan indicated financial conditions will remain easy, with losses accelerating in late trading in New York. A public holiday in Japan on Monday may reduce liquidity in foreign-exchange markets and heighten the risk of further sharp moves in either direction. Policymakers have repeatedly warned that depreciation won't be tolerated if it goes too far too fast and Finance Minister Shunichi Suzuki reiterated after the BOJ meeting that the government would respond appropriately to foreign-exchange moves. Earlier this month he also flagged concerns over the yen's decline to US Treasury Secre
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