BOJ governor Ueda says FX moves have big impact on economy, prices

  • But won’t comment on specific FX moves, levels

The need for him to even come out to comment as per above basically says more than the “no comment” remark. So far, it is all just verbal intervention from Japanese officials. But that is enough to keep a lid on things as we look towards European trading at least.

This article was written by Justin Low at Source