Banking & Economics
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BOJ Accounts Suggest No Major Yen Intervention on Wednesday
Key Highlights
- Bank of Japan data showed no sign of a major intervention in the currency market by Tokyo on Wednesday, suggesting that sharp moves in the exchange rate were likely driven by twitchy traders amid a re-calibration of…
- Bank of Japan data showed no sign of a major intervention in the currency market by Tokyo on Wednesday, suggesting that sharp moves in the exchange rate were likely driven by twitchy traders amid a re-calibration of rate hike expectations.
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
Bank of Japan data showed no sign of a major intervention in the currency market by Tokyo on Wednesday, suggesting that sharp moves in the exchange rate were likely driven by twitchy traders.
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