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Japan Prime Minister Kishida says he won't comment on FX intervention

  • ps. USD/JPY is creeping up (its got a big gap to fill back to 160+)
Eamonn Sheridan
30/04/2024 | 00:49 GMT

Japan's Prime Minister Kishida with the no comment.

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As for my sub heading to this post, yeah ... in the absence of further intervention (if that's what it was) USD/JPY will hed on back up:

usdyen kishida 30 April 2024 2

Earlier:

  • Japan's Kanda says need to take appropriate actions on FX
  • How to confirm Japanese intervention in yen (TL;DR is wait until the end of May!)
  • UBS on the yen: "Looks like intervention", if it was its unlikely to have a lasting impact

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