ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump – ForexLive
Japan’s Treasury Vice-Minister Kanda said he had nothing to say about U.S. Treasury Secretary Janet Yellen’s weekend comments on foreign exchange. If you missed Yellen’s comments, please refer to the Kanda link above. However, in a nutshell, she only expressed her mild support for Japanese intervention. As a result, Japan appears to be acting alone […]
Japan forex authorities ready '24 hours,' top currency diplomat Kanda says – The Japan Times
Japan’s top currency diplomat, Masato Kanda, said on Tuesday that authorities were prepared to respond “around the clock” to currency issues, but declined to comment on whether the Ministry of Finance had intervened a day earlier to support the yen. Again he declined to comment. “It makes no difference whether you’re in London, New York […]
Verbal intervention from Japan – Kanda says recent yen moves are 'rapid' – ForexLive
Vice-Minister of Finance Kanda of the Ministry of Finance. He is the official who instructs the Bank of Japan to intervene if he deems it necessary. He is also called Japan’s “top currency diplomat.” The yen has been moving quickly lately. We will closely monitor FX trends with a high sense of nervousness. We will […]