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Explainer: What would Japanese intervention to boost the weak yen look like?

Explainer: What would Japanese intervention to boost the weak yen look like?
I posted on signs of forex intervention to be aware of:JPY alert: The clear signals to watch for imminent Bank of Japan FX yen interventionReuters have a piece up that covers some points that might be of interest:The decision is highly political. When public anger over the weak yen and a subsequent rise in the cost of living is high, that puts pressure on the administration to respond. This was the case when Tokyo intervened last year. But while inflation remains above the BOJ's 2% target, publi... Read More
Posted: Jul 4 2023, 03:26
Author Name: forexlive
Views: 101964

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