The US rates moved sharply higher in trading today pushed even more on the back of a clunker of a 20 year auction. The last six 20 year auctions had come in with...
<p>Japan chief cabinet secretary Matsuno:</p><ul><li> will take appropriate steps on excess FX moves</li><li>closely watching FX moves with a high sense of ugency</li><li>no comment on daily forex moves </li></ul><p>--</p><p>We've had fin min Suzuki with...
Japan finance minister Suzuki comments now crossing, he is using the 'excess' and speculative keywords that indicate actual intervention is increasingly likely. While Japanese officials have said there is no specific level and...