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  • BoJ Conducted Rate Check In Apparent Preparation For Currency Intervention -Nikkei

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  • BOJ reportedly conducted rate check in apparent preparation for currency intervention

    From forexlive.com

    That's a step up in terms of the rhetoric and is perhaps a warning signal to markets as Japanese officials are drawing a bit of a hard line near 145.00 for USD/JPY at the moment. However, in the case of any real currency intervention, Japanese authorities would need the sign off from the US as well and I doubt we're very much at that stage.

=))))...I don't think it would hold. Very few times they had a successful intervention. Let's see.
Buy dip
still pretty bullish in long term...i hope this intervention wont be a successful as fed is in aggressive mode...
There will be a Swiss style move of more than 27% movement a matter if seconds.
Invest in alarm clocks
It's going to be one of the most devastating moves in the history of FX.
Invest in alarm clocks
Quoting Ftmofx
Every intervention has succeeded in the previous history, I think USD/PY will fall to 139.800
142 140 ish for me,if that happens ,
Blank and Empty
""However, in the case of any real currency intervention, Japanese authorities would need the sign off from the US as well and I doubt we're very much at that stage. Even without the intervention, they can just state no capping of interest yield. same thing. no need to approval of anyone.
buy the dip, short the tip. The ministers get "triggered" at 145.
BUY USDJPY...Follow the trend
OK, for the first time I say this... this maybe the one. The timing is good, as Japan is also going to announce a possible full border re opening in a day or two. Demand for Yen may burst, and the BOJ will want a piece of that action.
Emotional Control. Process, not outcome.
BoJ has already proven they have no means to do a proper intervention. Market is making a joke out of them...they are broke and you need money to invervene by buying a currency.
Everyone can see the chart, but only a few can actually read it.
  •  Guest
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I'm Watching the Currency move it seems Yen is getting sharp after BOJ final Warning before intervention

It will be Biggest blow to US as a Whole if BOJ sell $1.3 Trillion US debts

As other news suggest BOJ have More Options of intervention
Don't trust this. It's all depend on end of Q4 situation.
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trust me..like last time they intervened..sharp 8am Friday morning...price will move
lol how many times has he said this. I've lost count. Move along..
Quoting Tony112
It's going to be one of the most devastating moves in the history of FX.
I can understand why you would say that.... but understanding the lack of central bank independence in 2022, what happens to yield curve? You think the BOJ will depart from any Government mandate?
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  • Story Stats
  • Posted: Sep 14, 2022 12:34am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 16  /  Views: 6,969