Japan did not intervene in FX market from 28 March through to 25 April

  • We will only get the data on how much they spent to intervene yesterday come the end of May

This via the latest release from the Japanese Ministry of Finance:

MOF

At the same time though, the BOJ accounts look to be suggesting that Japan spent roughly ¥5.55 trillion on intervention on Monday. We'll have to see how that figure matches up when the MOF releases the data next month. That provided there is no more need for authorities to step in until the last week of May.

Top Brokers

Sponsored

General Risk Warning