If you were Masaaki Shirakawa when would you intervene again? Above, below or at the same price level of the last intervention and for what reasons?
Poll
- Where would you intervene?
Are we seeing BOJ intervention on USD/JPY now? 0 replies
How to make money with the intervention of the BOJ? 7 replies
Intervention? 2 replies
BOJ Intervention 0 replies
US intervention for the dollar 14 replies
DislikedAgainst the Japanese yen, the dollar recovered from a slight decline to trade at ¥83.40, compared with ¥83.31 late Friday.
While the Bank of Japan is “widely expected to leave its policy rate unchanged at 0.1%, it may announce further easing measures against the background of persistent [yen] strength,” said Mitul Kotecha, global currency strategist at Credit Agricole CIB,in a note to clients.
The risk that Japanese authorities will intervene in currency markets again may prevent the dollar from slipping further against the yen, but “the market...Ignored
Disliked
Well there are two options left... below price or I wouldn't do it again. Let's see what the BoJ are going to do...Ignored