- But it is too soon to say.
Tamaki is Japan’s top forex diplomat.
He is quoted by Reuters as saying:
“It can be an option for us…it’s too early to say so…You may see some effort from us quite soon…maybe this week or next. I would say this month from the ministry side…”
EUR/USD is within- shouting distance of resistance in the 1.2965/80 region. Small stops are seen in the 1.2890 area; larger stops will be well-north of 1.3000, more likely above 1.3050.
