The Yen experienced a brief period of strength on news the BoJ is expected to upgrade their inflation forecasts. How much longer can the BoJ threaten FX Intervention before the message loses effectiveness?
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.BoJ Threats of Intervention are Starting to Become a Regular Occurrence. How Long Before it Loses its Shine?
The ongoing Geopolitical tensions may be helping as well given the historic safe haven appeal of the Japanese Yen something which Kanda himself stated remain intact. Moving forward now the question I am left with is how much longer will the threat of intervention deliver the desired results?The economic calendar is not as packed as it has been of late and despite that we still do have a few economic data releases which could impact Yen pairs.
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