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USD/JPY intervention is a clear risk near 150, "hard to ignore"

USD/JPY intervention is a clear risk near 150,
The Bank of Japan will intervene in USD/JPY if Japan's Ministry of Finance instruct it. The Ministry's Vice Finance Minister for International Affairs Kanda is the official who will tell the BOJ to intervene, when he judges it necessary. He is often referred to as Japan's 'top currency diplomat'.I posted this on what to watch for a heads-up:JPY alert: The clear signals to watch for imminent Bank of Japan FX yen interventionScotia analysts are eyeing 150 as a dangert zone:Finance Minister Suzuki... Read More
Posted: Aug 24 2023, 00:01
Author Name: forexlive
Views: 112528

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