Top
New York  London  GMT  Tokyo  Sydney 

Ex BOJ Mizuno: Counterproductive if Japan doesn’t act on its words in signalling fx intervention

By   || August 31, 2010 at 08:19 GMT
|| 6 comments || Add comment
  • Japan intervention may gain understanding if yen rises on factors it can’t control
  • Increasing outright govt bond buying not an option for the BOJ

Former BOJ board member Mizuno says Japanese currency intervention may gain some understanding in the global community if it is aimed at curbing yen gains which are out of Tokyo’s control.

Mizuno says Japan needs to get serious about arresting the yen’s strength and should act on its warnings of intervention.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

6 Responses to “Ex BOJ Mizuno: Counterproductive if Japan doesn’t act on its words in signalling fx intervention”

  1. ukmikey on August 31st, 2010 08:21 GMT

    Hoorah! Someone from Japan gets it!

  2. tr41nwr3ck on August 31st, 2010 08:38 GMT

    And in other news: the Sun is hot, grass is green, and water is wet. Recap at 11.

  3. shan on August 31st, 2010 08:47 GMT

    Hi Gerry, Can you please make me understand what exactly Mizuno is trying to say?.. I’m not able to extract much out of this.,

  4. RG on August 31st, 2010 08:54 GMT

    He is just changing the words and repeating the same words of Japan PM and Fin. min.. Say different person in different way.. but meaning is same…..

  5. Gerry Davies on August 31st, 2010 09:01 GMT

    shan. yes headlines dont really suffice. ill fill it out now

  6. ForexLive European Wrap: It’s Tuesday, but it felt a bit like a Monday | ForexLive on August 31st, 2010 11:27 GMT

    [...] Ex BOJ board member Mizuno:  Counterproductive if Japan doesn’t act on its words [...]

Bottom