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Weekly Market Recap (26-30 June)

Monday: Japan’s “top currency diplomat” Kanda commented on the recent yen depreciation and said that they will respond to excessive FX moves. In fact, he added that it’s the pace of moves that they more focused on rather than the levels. Later on, Japan’s Finance Minister Suzuki confirmed that they will respond appropriately if there are excessive moves. Of note, the 145.00-150.00 area in USD/JPY is where we started to see interventions last year. We also got the BoJ’s Summary of Opinions from t... Read More

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Weekly

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Recap

26

30 June

26 30

Forex

Posted: Jun 30 2023, 13:21

Author Name: forexlive

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