BOJ reportedly carried out rate check in apparent preparation for currency intervention


This is a step forward in terms of rhetoric and perhaps a warning signal for the markets as Japanese officials are drawing a hard line around 145.00 for USD/JPY at the moment. However, in the event of an actual monetary intervention, the Japanese authorities would also need the approval of the United States and I doubt that we are really at that stage.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button