Japan’s Top FX Diplomat Kanda: Will not comment on whether we are intervening now or have intervened today
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Japan’s top currency diplomat Masato Kanda said on Thursday that they “will not comment on whether we are intervening now or have intervened today.”
“We are always ready to take action in the forex market.”
“Excessive and disorderly forex moves have a negative impact on the economy.”
“Will not comment on forex levels.”
The Japanese yen has shrugged off the above comments, with USD/JPY trading almost unchanged on the day at 149.85, as of writing.
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