USD/JPY has barely moved since Kanda’s BOJ policy comments

We heard from Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda.

  • He is the guy who will instruct the BOJ to intervene, when he judges it necessary.
  • Often referred to as Japan’s ‘top currency diplomat’.

Comments are here from a few minutes ago:

USD/JPY is barely changed. Its well after 8.30am in Tokyo but only 7.45am ish in Hong Kong and Singapore. Perhaps activity will pick up soon.

This article was written by Eamonn Sheridan at Source