- Overseas factors having greater impact on currencies
- We need to stand ready to flexibly respond to uncertainty
- Action in July was a flexible response
The fact that he is being rather sensitive about currency developments might spook yen shorts a little. USD/JPY is down at the lows for the day, lower by 0.35% at 147.20 currently.
This article was written by Justin Low at www.forexlive.com. Source