Japan Signals Readiness to Intervene in FX Market
Japanese officials have indicated their readiness to take action against excessive foreign exchange volatility. They are also mindful of the potential impact such intervention could have on the US bond market.
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Japan ready to act on foreign exchange volatility
Rising U.S. Treasury yields have fueled market speculation that Washington may become sensitive to large-scale yen-buying, dollar-selling intervention by Japan.
Read full article →Japan ready to act on FX volatility, mindful of US bond market impact
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