Tag: MOF

Credit score Agricole: Is 148 the road within the sand for Japan’s MOF to intervene in USD/JPY?

Credit score Agricole explores the rising tensions surrounding the USD/JPY trade charge, significantly within the wake of sturdy warnings from Japan's Vice Minister of Finance, Masato Kanda. The report considers whether or not...

Japanese Yen Traders Square Up Against MoF and BoJ as USD/JPY Targets 150

Japanese Yen, USD/JPY, MoF, BoJ, US Dollar, Technical Outlook – Talking PointsA risk-off day for Asia-Pacific markets looks likely as USD gathers strengthJapanese economic data on tap as the BoJ and MoF’s patience...

Japan MoF official does not confirm, or deny, Thursday’s USD/JPY intervention

Adam posted on the drop in USD/JPY, and then its roar back:In Japan it's the Ministry of Finance that directs the Bank of Japan to intervene in the FX market. An official at...

JPY: MoF Has 5 to 6 more shots at a $20bn rate of intervention – Credit Agricole

Credit Agricole CIB Research discusses the scope for further JPY intervention."USD/JPY has surpassed intervention levels and broken through 146 in a test to the MoF's resolve to hold the line. In terms of...

USD/JPY Above 145 to Test MOF, BoJ’s Mettle After Yield Surge Charges the US Dollar

Japanese Yen, USD/JPY, US Dollar, Market Sentiment, Technical Forecast – Talking PointsA bearish Wall Street trading session puts the Asia-Pacific region on its heelsJapan is set to release several economic data points for...

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