Yen Slips as Takaichi Tones Down Intervention Rhetoric

Yen came under renewed pressure today after comments over the weekend from Japanese Prime Minister Sanae Takaichi suggested a softer stance on currency weakness. The shift in tone has been interpreted as reducing the near-term threat of official intervention, reopening the door for Yen sellers. In a campaign speech on Saturday, Takaichi highlighted the benefits
The post Yen Slips as Takaichi Tones Down Intervention Rhetoric appeared first on ActionForex.

Yen came under renewed pressure today after comments over the weekend from Japanese Prime Minister Sanae Takaichi suggested a softer stance on currency weakness. The shift in tone has been interpreted as reducing the near-term threat of official intervention, reopening the door for Yen sellers. In a campaign speech on Saturday, Takaichi highlighted the benefits […]

The post Yen Slips as Takaichi Tones Down Intervention Rhetoric appeared first on ActionForex.

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