if only... Business news from To-kee-yo, and also London..

[danny burstein]

[Reuters]

Yen weakens past key level, sterling pares gains

The yen breached the key level of 145 a dollar on Monday, for the first
time in more than a week since Japan's intervention to prop up the
currency, while sterling gave up some of its gains after a modest recovery
at the end of last week.

The yen bottomed at 145.4 to the dollar, and last traded down 0.1% at
144.9, in thin Asian trade on a holiday in China, South Korea and some
Australian states.

Monday's fall came after Finance Minister Shunichi Suzuki's comments that
Japan stood ready for "decisive" steps in the foreign exchange market if
excessive yen moves persisted.
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https://www.reuters.com/markets/europe/antipodean-currencies-advance-ahead-rate-decisions-dollar-edges-lower-2022-10-03/?taid=633a793e3ee47400018c69d1

_____________________________________________________
Knowledge may be power, but communications is the key
dan...@panix.com
[to foil spammers, my address has been double rot-13 encoded]

[Richard de Give]

But the broader-based TOPIX is on the rise at 1,847.58, up 11.64 points or 0.63 percent. Back to you, Thalia.