Friday , 20 September 2024
Home Forex More ‘no comment’ comments out of Japan on intevention
Forex

More ‘no comment’ comments out of Japan on intevention

A Japanese Ministry of Finance official:

  • Declines in fx reserves due to rises in interest rates, non-dollar
    currency drops
  • No comment on fx
    intervention
  • Won’t comment on
    individual transactions involving intervention

Meanwhile, USD/JPY has dropped away a few points after the Bank of Japan April meeting Summary:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

China leaves 1- and 5-year Loan Prime Rates (LPR) unchanged

People's Bank of China leaves 1-year Loan Prime Rate (LPR) unchanged at...

Bank of England Monetary Policy Committee member Mann speaking Friday

0800 GMT / 0400 US Eastern time:Keynote speech by Catherine L Mann,...

People’s Bank of China rate cuts are expected today: LPRs, repo

The People's Bank of China is expected to cut its main policy...

Bank of Japan expected to stand pat, delaying further rate hikes towards year-end

The Bank of Japan (BoJ) is expected to keep its short-term interest...