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Examples
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TOKYO—Japan's finance minister raised the volume on his warning against the rising yen, calling the currency's recent moves "a little one-sided," while still suggesting currency market intervention isn't in the cards for now.
Japan Finance Minister Steps Up Warning on Yen Takashi Nakamichi 2011
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The Swiss franc appreciated more than 1.7 percent against the euro and dollar, snapping three days of declines, as the central bank refrained from announcing any new steps to curb its gains, after intervening or referring to the currency's strength on each of the first three Wednesdays this month.
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The Swiss franc weakened 1 percent to 1.0878 per euro, sliding from a record, and sank 0.6 percent versus the dollar after Swiss National Bank President Philipp Hildebrand called the currency's strength "absurd" and said the SNB won't exclude "further measures" to curb its gain.
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New Zealand's dollar depreciated against all 16 of its most-traded peers after the central bank kept its main rate at a record low and called the currency's rise "unwelcome."
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New Zealand's dollar depreciated against all 16 of its most-traded peers after the central bank kept its main rate at a record low and called the currency's rise "unwelcome."
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Aug. 31 Bloomberg -- The Swiss franc rose versus all its major peers as the central bank refrained from announcing any new steps to curb its gains, after intervening or referring to the currency's strength on the first three Wednesdays of August.
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The Bank of Thailand was suspected of stepping into the market several times last week, according to local dealers, as it attempted to slow the local currency's rise.
Thailand Intervenes to Curb Baht Phisanu Phromchanya 2011
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In a telephone interview Wednesday, Fischer acknowledged the bank's willingness to accept a stronger shekel, pointing to interest rate hikes earlier this year and to the currency's recent rise.
Bank of Israel's Fischer Hopes for Minimal Currency Intervention Anjali Cordeiro 2011
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Despite the euro's recent gains, many observers remain reluctant to attribute the currency's climb to much more than "short covering," in which traders buy the currency to close out negative bets, which makes the currency vulnerable to a reversal.
Pound Skids on GDP Data Neil Shah 2011
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The won has been trading at multimonth highs, raising concerns that it could harm Korea's export competitiveness and prompting authorities to intervene repeatedly in foreign-exchange markets to slow the currency's gains.
South Korea Considers Tightening Forex Rules Further Kanga Kong 2011
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