Japan's Kanda: Won't say whether intervention was conducted or not

Won't say whether forex intervention was conductedWon't say whether a rate check was conductedCan't ignore the fact that there was a one-sided speculative moveUSD/JPY is trading down 100 pips to 157.80 today and it looks like there was at least one round of intervention in the second day of action. This article was written by Adam Button at www.forexlive.com.

Jul 12, 2024 - 21:05
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Japan's Kanda: Won't say whether intervention was conducted or not
  • Won't say whether forex intervention was conducted
  • Won't say whether a rate check was conducted
  • Can't ignore the fact that there was a one-sided speculative move

USD/JPY is trading down 100 pips to 157.80 today and it looks like there was at least one round of intervention in the second day of action.

This article was written by Adam Button at www.forexlive.com.
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