Please have your shots ready for comments out of Japan, government officials or the Bank of Japan that say ahything such as:"We are not going to comme
Please have your shots ready for comments out of Japan, government officials or the Bank of Japan that say ahything such as:
“We are not going to comment on FX/yen levels”
“FX/yen stability is important”
Japanese authorities trot out these old chestnuts whenever the yen weakens rapidly. A wee bit of jawboning to slow the decline. Gulp a shot each time you hear one of ’em!
Friday’s drinking game will involve listening for ‘FX stability’ comments coming out Japan
Please have your shots ready for comments out of Japan, government officials or the Bank of Japan that say ahything such as:"We are not going to comme
Please have your shots ready for comments out of Japan, government officials or the Bank of Japan that say ahything such as:
Japanese authorities trot out these old chestnuts whenever the yen weakens rapidly. A wee bit of jawboning to slow the decline. Gulp a shot each time you hear one of ’em!
USD/JPY update:
Locked and loaded:
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