We heard from Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda.
- He is the guy who will instruct the BOJ to intervene, when he judges it necessary.
- Often referred to as Japan’s ‘top currency diplomat’.
Comments are here from a few minutes ago:
USD/JPY is barely changed. Its well after 8.30am in Tokyo but only 7.45am ish in Hong Kong and Singapore. Perhaps activity will pick up soon.