Yen continues to gain - MoF intervention earlier not impacting

Author: Eamonn Sheridan | Category: News

Earlier we had verbal intervention from a Ministry official:

Yen is still climbing, USD/JPY under 104.30

Some comments out of Japan are supportive of yen, but I dion't think this is driving the move:
  • Japan ruling party committee to recommend Japan consider having capability of stopping ballistic missile attacks within adversary's territory
'Adversary' in this context is North Korea firing off ballistic missile tests 

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose