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#Japan ’s finance minister warned last week that the authorities stood ready to take “appropriate and bold action” after the “yen fell past ¥163 to the dollar for the first time in 40y, chart @financialtimes.com www.ft.com/content/8455...

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acemaxx analytics

31 июл., 08:59

(my two cents) The important point is that this is not a Bank of #Japan monetary policy operation. The decision belongs to the Ministry of #Finance; the BoJ merely acts as the Govt's operational agent.

Ответ для acemaxx analytics

acemaxx analytics

31 июл., 09:02

Instead of trying to reverse a powerful dollar rally, #Japan waited until the #dollar had already started weakening after the #Fed decision and then amplified the move.