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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.

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