Why has USD/JPY shown no reaction as pressure for Tokyo to intervene in the foreign exchange market mounts?

The story

On Monday, 5 October, during Asian trading hours, USD/JPY edged higher while fluctuating in both directions and is currently trading around 158.

A key point is that recent statements from Japanese officials have reportedly shown a clear change.

At a glance

Trading levelUSD/JPY is trading around 158

PeriodMonday, 5 October, during Asian trading hours

Business profileReporting on market moves as intervention pressure builds

Reference information. Every claim resolves to something the story actually named.

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

www.moomoo.comNews

AgreesOpen

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.