Forex
globalreutersJune 20, 20241 Mins read
Japan top currency diplomat says there is no limit to FX intervention resources
globalreutersJune 20, 20241 Mins read - Will thoroughly respond to excessive FX moves
- FX market is determined by various factors, including interest rate differentials
- Recent FX intervention was quiet effective in responding to speculators
A bit of verbal jawboning there as USD/JPY continues to trickle higher since last week. The pair is holding just above 158.00 now, not much changed from before the comments above.
This article was written by Justin Low at www.forexlive.com.
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