Published: 2025-12-18T05:19:58.000Z
USD/JPY flows: Verbal Intervention Fruitless
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Chief Cabinet Secretary Minoru Kihara said the government is closely watching market developments, including movements in long-term rates
As USD/JPY lingers around recent high, we are hearing Japan Chief Cabinet Secretary Minoru Kihara saying the government is closely watching market developments. And once again, such jawboning is fruitless with all eyes on BoJ decision on Friday.
USD/JPY is trading 0.06% higher at 155.73.