Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › UBS AM’s Zhao Is Ready to Sell Yen If Japan Intervenes Again
Business & Finance

UBS AM’s Zhao Is Ready to Sell Yen If Japan Intervenes Again

Bloomberg Markets Monday 21 September 2026, 12:42 UTC By Naomi Tajitsu 1 min read
Key Points

Further intervention by Japan to prop up the yen would offer a good opportunity to sell, according to UBS Asset Management’s Kevin Zhao, who doubts Friday’s central bank rate increase signals a hawkish turn.

Further intervention by Japan to prop up the yen would offer a good opportunity to sell, according to UBS Asset Management’s Kevin Zhao, who doubts Friday’s central bank rate increase signals a hawkish turn.
UBS AM’s (ORG) Zhao Is Ready (PERSON) Japan (LOCATION) UBS Asset Management’s (ORG) Kevin Zhao (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Greg Wyshynski's cheat sheet: Top 10 players to take in every draft

The start of the NHL regular season always arrives with a jolt of unfettered optimism. Many teams have Stanley Cup aspirations; those that do not will hopefully give fans something to be optimistic about for the future. The start of fantasy hockey brings the same emotions.

ESPN just now

White House TV press pool won't cover Trump after CNN ban

US President Donald Trump takes questions from reporters in the Oval Office of the White House in Washington, DC, on September 18, 2026. Jim Watson | Afp | Getty Images The White House television pool that covers events by President Donald Trump on a rotating basis will stop covering those events because of the White House's ban of CNN from acting as a member of that pool. CNN was barred from covering Trump as the designated TV pooler on Monday, when the president is visiting New York for...

CNBC 17m ago

Mortgage rates hit three year high and warnings of more hikes to come

Mortgage rates hit three year high and warnings of more hikes to come Industry experts Moneyfacts says the average five-year fixed rate mortgage has risen to more than 5.90% - even before an expected Bank of England rate hike in the coming months Mortgage rates have hit a three-year high - in a further blow to millions of borrowers. Figures from industry experts Moneyfacts show the average five-year fixed rate deal had increased to 5.92%, the highest since mid-October 2023. The average...

Daily Mirror 21m ago

USTR Greer on China Trade, Diesel Exports, Canada

US Trade Representative Jamieson Greer discusses trade talks with China, the possibility of a diesel export ban, and the state of relations with Canada and the renegotiation of the USMCA.

Bloomberg Markets 27m ago