GEOPOLITICS | Japan Refuses to Confirm Yen Intervention, Signals US Support
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Japan’s authorities did not confirm whether they intervened in the foreign-exchange market after the yen surged overnight, and said they had support from overseas counterparts including US officials, according to Bloomberg.The comments added to speculation over possible action in the currency marke…
Japan’s authorities did not confirm whether they intervened in the foreign-exchange market after the yen surged overnight, and said they had support from overseas counterparts including US officials, according to Bloomberg.
The comments added to speculation over possible action in the currency market as officials declined to give details on any intervention.