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Here comes the yen verbal intervention - Hayashi says no comment on FX intervention

Here comes the yen verbal intervention - Hayashi says no comment on FX intervention

News
By Eamonn Sheridan
16/07/2024 | 02:05 GMT
  • Japan chief cabinet secretary Hayashi

Japan chief cabinet secretary Hayashi:

  • No comment on forex intervention
  • believe forex should reflect fundamentals

USD/JPY has risen during the session. Japanese authorities, Hayashi only at this stage, trying to slow the rise:

usdyen hayashi intervention 16 July 2024 2

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