The Japanese government spent at least $42.8 billion (a record 6.35 trillion yen) in the month of October to bolster the country’s currency, the yen, said a report released by the country’s Ministry of Finance, on Monday.

Japanese government spent more than $40 billion to bolster the yen in October

The dollar snapped a six-day losing streak to add 0.2 per cent on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off-reserve ratio cuts that could add $115 billion worth of liquidity.

Dollar snaps six-day losing streak, a flat start for 2020

United States, England, Switzerland and Japan

Caution pervades at four of world's top central banks

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Japanese government spent more than $40 billion to bolster the yen in October

Dollar snaps six-day losing streak, a flat start for 2020

Caution pervades at four of world's top central banks