Japan’s Kanda (yen intervention guy) says will take appropriate action in excessive moves

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’.

  • Closely monitoring FX market moves with a high sense of urgency
  • Will take appropriate action if there are excessive moves

ICYMI:

This article was written by Eamonn Sheridan at www.forexlive.com. Source