Free Trial

BOJ Current Account Data Indicates Intervention of Around 5.5 Trillion Yen

JAPAN
  • BOJ ACCOUNTS SUGGEST JAPAN LIKELY INTERVENED ON YEN ON MONDAY (BBG)
  • BOJ ACCOUNTS POINT TO INTERVENTION OF AROUND 5.5 TRILLION YEN (BBG)
  • The above is according to a Bloomberg comparison of BOJ current account data with money broker estimates."
  • As a reminder, given the value date of yesterday's trades (May 01), official confirmation of these transactions will not be provided until the end of May.
62 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • BOJ ACCOUNTS SUGGEST JAPAN LIKELY INTERVENED ON YEN ON MONDAY (BBG)
  • BOJ ACCOUNTS POINT TO INTERVENTION OF AROUND 5.5 TRILLION YEN (BBG)
  • The above is according to a Bloomberg comparison of BOJ current account data with money broker estimates."
  • As a reminder, given the value date of yesterday's trades (May 01), official confirmation of these transactions will not be provided until the end of May.