Saturday , 18 January 2025
Home Forex Japan’s Kanda: Won’t say whether intervention was conducted or not
Forex

Japan’s Kanda: Won’t say whether intervention was conducted or not

  • Won’t say whether forex intervention was conducted
  • Won’t say whether a rate check was conducted
  • Can’t ignore the fact that there was a one-sided speculative move

USD/JPY is trading down 100 pips to 157.80 today and it looks like there was at least one round of intervention in the second day of action.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Trend Continuation Factor and Hurst Exponent Forex Trading Strategy

The Trend Continuation Factor and Hurst Exponent Forex trading strategy is a...

Gold prices dip in face of strengthening US Dollar

Gold's price dropped late in the North American session, but it is...

Mexican Peso surges as traders eye next week’s inflation data

The Mexican Peso (MXN) stages a recovery after weakening to a new...

Forexlive Americas FX news wrap 17 Jan: US Supreme Court affirms decision to shut TikTok.

US stock indice close higher on the day and have positive returns...