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Japan's Mr Yen Kanda says concerned about one-sided sharp FX moves

Did not intervenJapan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the official who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'. Concerned about one-sided, sharp fx movesSpeculative moves seem playing the biggest factorWon't rule out any steps to respond to disorderly fx movesDid not intervene in FX market last monthIn close contact with authorities internationally on FXFX moves affect... Read More

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Japan

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Posted: Oct 31 2023, 23:04

Author Name: forexlive

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