JPY: Intervention bounce faces policy doubts – Commerzbank Commerzbank’s Thu Lan Nguyen writes that suspected MoF/BoJ intervention has strengthened the Japanese Yen (JPY), but questions how long gains will last.
JPY: Intervention bounce faces policy doubts – Commerzbank Commerzbank’s Thu Lan Nguyen writes that suspected MoF/BoJ intervention has strengthened the Japanese Yen (JPY), but questions how long gains will last. Markets still doubt the Bank of Japan’s (BoJ willingness to respond forcefully to inflation, and see the JPY as a G10…
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