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Former Japan FX official says rapid FX moves could trigger intervention at any moment

Former FX official Nakao on the wires about intervention:

  • Talking about recent speculative weakening in the JPY, said that if FX moves are rapid enough, it could spark intervention at any moment by Japanese authorities.

The jawboning continues…

This article was written by Arno V Venter at www.forexlive.com.

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