The
big news out of the Asian timezone today was the Bank of Japan
intervention to sell USD/JPY. Estimates of the amount of selling
ranged from USD30bn to USD50bn. The BoJ has to sell its foreign
reserves...
Japanese Yen, USD/JPY, US Dollar, PMI, BOJ, Fed, Yield Curve Control, Rates - Talking PointsJapanese Yen volatility has exploded on the perception that the BoJ is activeJapanese PMI data was overall a small...
Japan's currency intervention official Kanda at the Ministry of Finance:no comment on intervention on Monday morningwill respond appropriately to excessive movesmonitoring FX 24/7----FWIW folks, have zero doubt this was intervention. Its not even...