Japanese PM says will intervene if excessive moves in JPY

Japanese PM says will intervene if excessive moves in JPY

From talking-forex.com

Japanese PM says recent JPY rises do not reflect economic fundamentals, and will intervene if excessive moves in JPY

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Comment #1
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Nov 15, 2011 2:35am Nov 15, 2011 2:35am

a941583
| Joined Apr 2009 | Status: Member | 17 Comments

so what will happen to JPY

Comment #2
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Nov 15, 2011 2:50am Nov 15, 2011 2:50am

Guest
| IP XXX.XXX.224.13

boj must cooperate with SNB to dual intervention to get maximum impact

Comment #3
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Nov 15, 2011 2:53am Nov 15, 2011 2:53am

trumank
| Joined Aug 2011 | Status: Member | 19 Comments

IF and WHEN they'll intervene -> JPY down -> USD/JPY up

Comment #4
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Nov 15, 2011 3:47am Nov 15, 2011 3:47am

Guest
| IP XXX.XX.8.101

tell me when BOJ... i will sell Yen...

Comment #5
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Nov 15, 2011 3:57am Nov 15, 2011 3:57am

Hareii
| Joined Jun 2011 | Status: Member | 840 Comments

Everybody love it when BOJ 'promises' to give out free money. And you don't blame the speculator to keep buying yen to force BOJ to give out free money.

Intervention is NOT a deterence. It is an incentive instead. Policy maker just don't understand how market works.

Comment #6
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Nov 15, 2011 4:11am Nov 15, 2011 4:11am

andan
| Joined Mar 2011 | Status: Member | 70 Comments

Only the threat of it, Japanese government has no money and it's very sad ... Hahahahah !!!

Comment #7
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Nov 15, 2011 4:30am Nov 15, 2011 4:30am

DNTme
| Membership Revoked | Joined Jun 2011 | 28 Comments

only when UJ is under 76.00 they will do it...i guess..

fokyou forexfactory

Comment #8
Quote
Nov 15, 2011 5:14am Nov 15, 2011 5:14am

kirkdurant
| Joined Aug 2011 | Status: Member | 9 Comments

lets all buy some yen!!!!!!!!!!!!!!!!!!

Story Stats

Posted: Nov 15, 2011 2:12am
Submitted by:
Newsstand

Category: Low Impact Breaking News

Comments: 8 / Views: 2,971