Bloomberg with the headline, a remark from a Japanese ‘authorities panelist’ saying it could intervene earlier than USD/JPY reaaches 160.
I am giving him a C, primarily for making an effort.
USD/JPY is round 157.50, so there’s one other two and a half massive figures earlier than 160. I am positive that is not what this ‘panelist’ thought merchants can be considering.
This text was written by Eamonn Sheridan at investinglive.com.
