More information on Japan’s late min – Will not comment on FX market intervention


Not anymore :

  • will not comment on intervention fx

  • the government said that the rapid movements of the yen were undesirable and what is happening now can be considered as rapid movements
  • we will be watching forex moves closely with a sense of urgency

Suzuki is stepping up the rhetoric a bit but there are still no signs of impending intervention in the yen exchange market


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