• No comment on whether Japan has been selling yen this month
  • Unable to forge intervention interest with other countries
  • Any intervention intended to protect national interests

USD/JPY’s nudging those lows of yesterday again, but i am hearing that talk of large stops under 77.50 have now been replaced by large bids possibly semi-official . Sell stops are however seen on abreak down of 77.00

USD’s at 77.52