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globalreutersApril 30, 20241 Mins read
USD/JPY trades above 157.00 for the first time since … yesterday
globalreutersApril 30, 20241 Mins read Just an update on the yen, its retracing some if its losses from Monday.
There is no fresh news, although we’ve had remarks out of Kanda earlier, and more:
- Japan’s Kanda says need to take appropriate actions on FX
- How to confirm Japanese intervention in yen (TL;DR is wait until the end of May!)
- UBS on the yen: “Looks like intervention”, if it was its unlikely to have a lasting impact
This article was written by Eamonn Sheridan at www.forexlive.com.
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