Japan & unilateral intervention in FX market.

In Crisis in Japan, Culture, default, Economic Institutions, Financing Reconstruction, FX, Global Economics, ICE Brent Crude oil, macroeconomic factors, Multibillion, price volatility in energy, spillover effect, Uncategorized on November 1, 2011 at 5:20 am

Japan continues intervening in FX market.
“intervened to curb speculative moves against Yen strength; acted in line with G20 and did not intend to distort markets.”
– Jun Azumi, Japanese Finance Minister.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: