Japan's Kanda: Recent Yen falls cannot be justified based on fundamentals

Japan's Kanda: Recent Yen falls cannot be justified based on fundamentals

JAPAN TOP CURRENCY DIPLOMAT KANDA: AGREED AT MEETING ON NEED TO WATCH MARKETS WITH STRONG SENSE OF URGENCY

JAPAN'S KANDA: RECENTLY SEEING SPECULATIVE, ONE-SIDED RAPID YEN MOVES

JAPAN'S KANDA: RECENT YEN FALLS CANNOT BE JUSTIFIED BASED ON FUNDAMENTALS
— *Walter Bloomberg (@DeItaone) September 8, 2022

Added at 4:23am

JAPAN'S KANDA: WON'T RULE OUT ANY STEP, READY TO TAKE ACTION IN FX MARKET
— *Walter Bloomberg (@DeItaone) September 8, 2022

Added at 4:23am

JAPAN'S KANDA: GOVT, BOJ IS EXTREMELY WORRIED ABOUT RECENT YEN MOVES
— *Walter Bloomberg (@DeItaone) September 8, 2022

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Comment #1
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Sep 8, 2022 4:26am Sep 8, 2022 4:26am

Ftmofx
| Commercial Member | Joined Feb 2022 | 685 Comments

So big sell yen again

Comment #2
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Sep 8, 2022 5:04am Sep 8, 2022 5:04am

sixth sense
| Joined Oct 2008 | Status: Member | 31 Comments

So they're actually going to have a different person everyday saying something about Yen weakness being undesirable? Seems like every time they say something, the market sells the Yen even more.

Comment #3
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Sep 8, 2022 5:12am Sep 8, 2022 5:12am

Konichiwhaat
Joined Dec 2019 | Status: Member | 43 Comments

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TIME is the most valuable commodity

Comment #4
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Sep 8, 2022 5:14am Sep 8, 2022 5:14am

GreenJ
| Joined Jun 2022 | Status: Member | 29 Comments

Quoting sixth sense

Disliked

So they're actually going to have a different person everyday saying something about Yen weakness being undesirable? Seems like every time they say something, the market sells the Yen even more.

Ignored

Look at it as if you approach a dog and it starts to growl, move a bit closer and it launches and bites you... History might repeat itself.
https://www.reuters.com/article/global-forex-boj-idUSL8N15Q4BY

Comment #5
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Sep 8, 2022 5:20am Sep 8, 2022 5:20am

ltrade
| Joined Mar 2018 | Status: Member | 46 Comments

guys, i just selling yen, they will not intervene, relax

TY KURODA!!!!!!!!!!

Comment #6
Quote
Sep 8, 2022 5:26am Sep 8, 2022 5:26am

Ftmofx
| Commercial Member | Joined Feb 2022 | 685 Comments

Quoting GreenJ

Disliked

{quote} Look at it as if you approach a dog and it starts to growl, move a bit closer and it launches and bites you... History might repeat itself. https://www.reuters.com/article/global-forex-boj-idUSL8N15Q4BY

Ignored

Your link has shown that Japan had Intervention in Forex Market from 1985 to 2011. But in 2022 Japan did not have any intervention in Forex Market yet.

Comment #7
Quote
Sep 8, 2022 6:32am Sep 8, 2022 6:32am

Guest
| IP XX.XXX.173.204

Maybe they dont want to intervene now because of US interest rates and Powells speeches ,and the Japanese might do the right thing when US will be at the weakest point. Attack smart And clever.

Comment #8
Quote
Sep 8, 2022 7:43am Sep 8, 2022 7:43am

GreenJ
| Joined Jun 2022 | Status: Member | 29 Comments

Quoting Ftmofx

Disliked

{quote} Your link has shown that Japan had Intervention in Forex Market from 1985 to 2011. But in 2022 Japan did not have any intervention in Forex Market yet.

Ignored

Yes you read the link correctly. Only if you had read my comment correctly. A lot of ideas on how to respond to you are in my head given your post history but I will cut you some slack. Some are funny good though and I am just itching to lay them out to you, BUT I will not, so there I did it in a nice way instead......

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Posted: Sep 8, 2022 4:22am
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Category: High Impact Breaking News

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Japan's Kanda: Recent Yen falls cannot be justified based on fundamentals

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