Here comes the yen verbal intervention – Hayashi says no comment on FX intervention

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Japan chief cabinet secretary Hayashi:

  • No comment on forex intervention
  • believe forex should reflect fundamentals

USD/JPY has risen during the session. Japanese authorities, Hayashi only at this stage, trying to slow the rise:

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



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