Washington and Tokyo abandoned decades of deliberate ambiguity by confirming their coordinated Yen intervention within hours, turning the confirmation itself into forward guidance for USD/JPY — and this week's battle to hold 155 will test whether that credibility strategy can work.
The post Why Japan and US Confirm Intervention So Fast? Can USD/JPY Hold 155? appeared first on ActionForex.
Washington and Tokyo abandoned decades of deliberate ambiguity by confirming their coordinated Yen intervention within hours, turning the confirmation itself into forward guidance for USD/JPY — and this week’s battle to hold 155 will test whether that credibility strategy can work.
The post Why Japan and US Confirm Intervention So Fast? Can USD/JPY Hold 155? appeared first on ActionForex.
