Traders will start the week on heightened alert of Japan government intervention to halt the yen’s recent slide as Prime Minister Sanae Takaichi warned of action on abnormal moves. japantimes.co.jp/commentary/20… #commentary #japan #sanaetakaichi #japaneseeconomy #forex #yen #trading #fed #interestrates
Market on high alert for yen intervention after Takaichi warning
Intervention speculation builds after traders reported Friday that the Federal Reserve Bank of New York had contacted financial institutions to ask about the yen’s exchange rate.The Japan Times