Japanese Authorities Could Allow Yen to Extend Falls -- Market Talk

Dow Jones03-13

1202 GMT - Japanese authorities could allow the yen to weaken below its supposed pain threshold against the dollar as any currency interventions are unlikely to have lasting success, MUFG Bank's Derek Halpenny says in a note. "The Ministry of Finance may well allow a break through the [dollar-yen] 160-level in order to gauge price action above that key level." The problem is that the yen's recent falls are driven by a stronger dollar, he says. It's also difficult to argue there has been disorderly moves with the dollar just 2% higher versus the yen since the conflict started, he says. The dollar is steady at 159.29 yen after earlier reaching a 20-month high of 159.68, LSEG data show. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 13, 2026 08:02 ET (12:02 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2619194171?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-13 20:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2619194171","market":"us","top_or_hot":-1,"title":"Japanese Authorities Could Allow Yen to Extend Falls -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1202 GMT - Japanese authorities could allow the yen to weaken below its supposed pain threshold against the dollar as any currency interventions are unlikely to have lasting success, MUFG Bank's Derek Halpenny says in a note. \"The Ministry of Finance may well allow a break through the [dollar-yen] 160-level in order to gauge price action above that key level.\" The problem is that the yen's recent falls are driven by a stronger dollar, he says. It's also difficult to argue there has been disorderly moves with the dollar just 2% higher versus the yen since the conflict started, he says. The dollar is steady at 159.29 yen after earlier reaching a 20-month high of 159.68, LSEG data show. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2026 08:02 ET (12:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japanese Authorities Could Allow Yen to Extend Falls -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapanese Authorities Could Allow Yen to Extend Falls -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-13 20:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1202 GMT - Japanese authorities could allow the yen to weaken below its supposed pain threshold against the dollar as any currency interventions are unlikely to have lasting success, MUFG Bank's Derek Halpenny says in a note. \"The Ministry of Finance may well allow a break through the [dollar-yen] 160-level in order to gauge price action above that key level.\" The problem is that the yen's recent falls are driven by a stronger dollar, he says. It's also difficult to argue there has been disorderly moves with the dollar just 2% higher versus the yen since the conflict started, he says. The dollar is steady at 159.29 yen after earlier reaching a 20-month high of 159.68, LSEG data show. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2026 08:02 ET (12:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HEWJ","symbol_name":"日本ETF汇率对冲-iShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2619194171","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619194171","pubTimestamp":1773403320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1202 GMT - Japanese authorities could allow the yen to weaken below its supposed pain threshold against the dollar as any currency interventions are unlikely to have lasting success, MUFG Bank's Derek Halpenny says in a note. \"The Ministry of Finance may well allow a break through the [dollar-yen] 160-level in order to gauge price action above that key level.\" The problem is that the yen's recent falls are driven by a stronger dollar, he says. It's also difficult to argue there has been disorderly moves with the dollar just 2% higher versus the yen since the conflict started, he says. The dollar is steady at 159.29 yen after earlier reaching a 20-month high of 159.68, LSEG data show. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HEWJ":"日本ETF汇率对冲-iShares","FXY":"日元ETF-CurrencyShares"},"translate_title":"日本当局可能允许日元延续跌势——市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HEWJ":0.9,"FXY":0.9},"content_text":"1202 GMT - Japanese authorities could allow the yen to weaken below its supposed pain threshold against the dollar as any currency interventions are unlikely to have lasting success, MUFG Bank's Derek Halpenny says in a note. \"The Ministry of Finance may well allow a break through the [dollar-yen] 160-level in order to gauge price action above that key level.\" The problem is that the yen's recent falls are driven by a stronger dollar, he says. It's also difficult to argue there has been disorderly moves with the dollar just 2% higher versus the yen since the conflict started, he says. The dollar is steady at 159.29 yen after earlier reaching a 20-month high of 159.68, LSEG data show. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2026 08:02 ET (12:02 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2619194171","isCrawlerRequest":true}