Forex Blog: Currency Trading News & Analysis.

February 6th 2006

Japan refrains from forex intervention

According to the most recent financial data, the Central Bank Japan has stayed out of currency markets for 22 consecutive months. If this is indeed true, the implications are potentially far-reaching, as accusations of intervention have reached fever pitch in the US. In the last few weeks, several prominent American manufacturers have publicly insisted that Japan’s Central Bank is helping Japanese exporters by intervening in forex markets to hold down the value of the Yen. However, Japan’s innocence has been borne out by a slew of data, which suggest that the value of the Yen is consistent with economic fundamentals.

Read More: Japan stays out of currency markets in January for record 22nd month+

SocialTwist Tell-a-Friend
Posted by Adam Kritzer | in Central Banks, Japanese Yen | 1 Comment »

Sponsored Offers

FREE Daily Email Updates

Enter your email address:

Delivered by FeedBurner

One Review of “Japan refrains from forex intervention”

  1. kamal Says:

    hi there,
    my name is KAMAL, i would like to know more information about how to operate a forex business here in Malaysia. so please call me for further explaination… my contact no are 006-013-6765919… please be hurry. this is urgent.. thank you

Have Questions? Want to Share Your Review?

Be heard. Please share your reviews today!

Neighboring Posts

© 2004 - 2023 Forex Currency charts © their sources. While we aim to analyze and try to forceast the forex markets, none of what we publish should be taken as personalized investment advice. Forex exchange rates depend on many factors like monetary policy, currency inflation, and geo-political risks that may not be forseen. Forex trading & investing involves a significant risk of loss.