- Important for FX moves to reflect fundamentals
- Impact of FX moves vary depending on size, sector of companies
- Rapid, one-sided yen falls are negative for the economy and undesirable
- FX moves are among important factors that affect economy, prices
After having showed their hand last week, any verbal intervention has lost much of its allure. USD/JPY is still up 0.5% at 155.45 currently, holding near the highs for the day.
This article was written by Justin Low at www.forexlive.com. Source