Morning Bid: Yen traders on tenterhooks

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Morning Bid: Yen traders on tenterhooks
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It's another day of nail-biting for currency traders as the will-they-won't-they debate swirls on Japan's yen-buying intervention. Friday's holiday in most ...

It's another day of nail-biting for currency traders as the will-they-won't-they debate swirls on Japan's yen-buying intervention. Friday's holiday in most of the world, barring Japan, China and some parts of U.S. markets, makes them all the more nervous.

In Europe, the data calendar is unexciting: UK final fourth-quarter GDP data and German employment numbers. Still, the Bundesbank said firms continue to hold on to workers and unemployment may rise only slightly in the coming quarter. -- Aluminum Corp. of China Ltd. said it sees “relatively high” risks to supplies of bauxite from Guinea, highlighting its growing dependence on a single country for the raw material. Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsLondon Insurers Face Baltimore Bridge Payouts Worth BillionsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.

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