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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.
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Free AccessNikkei Reports That Japan Did Intervene In FX Markets To Support Yen
- According to Nikkei reports, Japan did in fact intervene in the foreign exchange market to support the yen.
- This had been widely speculated after the currency dropped to a fresh 32-year low below 151.90 to the dollar.
- The reports were, however, citing an unidentified person and separate reports from Kyodo said that the country’s top currency official, Masato Kanda, declined to comment on whether the country intervened when asked by reporters so official confirmation is still awaited.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.