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Japanese Yen

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  • Hope from Japan Thursday, 17 Mar 2011 | 5:11 PM ET
    Japanese Self Defence Force's CH-47 Chinook helicopter holding more than seven tons water each with large buckets from the sea

    Better news from the Japan crisis today, as the nuclear power company Tepco appears to be on track to complete a power line to the Fukushima nuclear power plant this afternoon Tokyo time.

  • Your Move, G-7 Thursday, 17 Mar 2011 | 4:54 PM ET

    Ahead of the teleconference of G-7 finance ministers and central bankers on the yen, traders wait to see who will intervene in the markets.

  • G-7 Ready to Help Japan But Isn't Sure What Tokyo Wants Thursday, 17 Mar 2011 | 4:20 PM ET
    A factory building has collapsed in Sukagawa city, Fukushima prefecture, in northern Japan. A massive 8.9-magnitude earthquake shook Japan, unleashing a powerful tsunami that sent ships crashing into the shore and carried cars through the streets of coastal towns.

    Japan will get what it wants from the Group of Seven teleconference of finance ministers and central bankers Thursday night, but G-7 sources say the group is still waiting for Japan to ask.

  • After G-7, Which Way for the Yen? Thursday, 17 Mar 2011 | 3:44 PM ET
    Yen

    Many players are convinced that this evening’s conference call of G7 finance ministers and central bankers will set the stage for major selling of the yen by the Bank of Japan in order to weaken it. But the market is divided on whether other major central banks will join in with coordinated intervention.x

  • Global Tumult Sends Many Investors Back to Sidelines Thursday, 17 Mar 2011 | 2:25 PM ET
    A local investor watches the share-prices index display at a stock brokerage in Shanghai.

    "Until investors know the extent of the damage and nuclear fallout in Japan, the only certainty in the capital markets is that uncertainty will prevail," one strategist says.

  • Busch: Risk-Off Revisit Thursday, 17 Mar 2011 | 12:13 PM ET

    While we await the outcome of the nuclear disaster in Japan, we could be witnessing a structural change in the global financial markets.

  • Mark Zandi: No Global Impact From Japan Thursday, 17 Mar 2011 | 11:29 AM ET

    The emotional investor roller coaster is on hyperdrive as the nuclear situation in Japan remains unknown. With 2011 gains wiped out and now the Yen soaring the markets wait to see if the central banks will intervene.

  • Yen's Rise Due to Repatriation May Be Overblown Thursday, 17 Mar 2011 | 11:20 AM ET

    Traders point to Japanese investors repatriating assets as a significant cause of the yen's dramatic rise. Really?

  • Farr: Luck of the Irish? Thursday, 17 Mar 2011 | 11:10 AM ET

    This week's market action has left a lot to be desired. But given everything that is going on, we should probably be thankful. After falling some 4-5% from its recent highs, the S&P 500 remains in positive territory for the year.

  • The yen rocketed to a postwar high against the dollar late Wednesday, and the market's showing little sign of calming today. It's time for your FX Fix.

  • For Europe and China, Nuclear Crisis Renews Fears Thursday, 17 Mar 2011 | 4:50 AM ET
    Nuclear Power Plant

    As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.

  • Nut and Bolts of How the Yen Hit a Record Thursday, 17 Mar 2011 | 4:29 AM ET
    Yen coins and banknotes

    It was a mixture of historical technical levels and algorithmic trading that rocketed the yen to an all-time high of 76.25 against the dollar Thursday, according to Thanos Papasavvas, head of currency management at Investec Asset Management.

  • Five Things We're Watching: March 17, 2011 Thursday, 17 Mar 2011 | 4:05 AM ET
    An official in a full radiation protection suit scans an evacuated elderly woman with a geiger counter to check radiation levels in Koriyama city in Fukushima prefecture.

    Here's what you should be watching Thursday, March 17.

  • Japan Nuclear Impact 'Worrisome': Stephen Roach Thursday, 17 Mar 2011 | 1:47 AM ET
    A Rescue worker wipes his forehead after carrying a body from the rubble of a village destroyed by the devastating earthquake March 16, 2011 in Kesennuma, Miyagi province, Japan.

    The world economy is still very fragile and the impact of the Japanese earthquake and the nuclear crisis is distressing, Stephen Roach, non-executive chairman at Morgan Stanley, Asia, told CNBC in an interview.

  • Fukishima nuclear reactor explosion.

    The complexity and uncertainty surrounding Japan's nuclear crisis has created a great divide between investors who are now running from risk and those who think they can ride it out.

  • The yen rallied to a new all-time high against the dollar as traders speculated G-7 central bankers may be getting ready to intervene to drive the currency lower.

  • What's Going on with the Japanese Yen? Wednesday, 16 Mar 2011 | 4:27 PM ET

    The Japanese Yen has been gaining strength against the dollar following the tsunami and Japan's subsequent nuclear crisis—so much so that I thought I was reading the chart backwards.

  • Emerging Market Currencies are Emerging on Sell Lists Wednesday, 16 Mar 2011 | 1:04 PM ET

    Traders have started souring on some emerging market currencies this week, and the fun may just be starting.  

  • Japan Could Face Another Recession: Morgan Stanley's Roach Wednesday, 16 Mar 2011 | 12:41 PM ET

    Because of Japan’s many troubles, before and after recent events, the Asia nation could face recession again, Stephen Roach, Morgan Stanley’s non-executive chairman Asia, told CNBC Wednesday.

  • Yen's on a Roll, Dollar's on a Slide Wednesday, 16 Mar 2011 | 10:05 AM ET

    The yen hit a four-month high against the dollar, and Bahrain's central bank is on the move — it's time for your FX Fix.