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USD/JPY Lower Post Kanda Headlines

JPY

Yen has gained ground in the first part of Thursday trade. USD/JPY is back sub 153.00, last tracking close to 152.90, around 0.20% stronger in yen terms.

  • We had a host of headlines from top FX diplomat Kanda, see below:
  • *KANDA: NOT RULING OUT ANY OPTIONS REGARDING FOREX - BBG, *KANDA: WILL TAKE APPROPRIATE STEPS ON FX AS NEEDED, *KANDA: RECENT FX MOVES ARE RAPID, *KANDA: WE ARE PREPARED TO ADDRESS ANY EVENT, *KANDA: NOT JUDGING BASED ON SPECIFIC LEVELS.

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