Yen Pares BOJ-Fueled Declines as Nikkei Reports a Rate Check

Yen Pares BOJ-Fueled Declines as Nikkei Reports a Rate Check

The yen pared declines on Friday, with the Nikkei newspaper reporting that the Bank of Japan inquired with market participants about exchange-rate levels, a step often seen as a precursor to official intervention.

The yen pared declines on Friday, with the Nikkei newspaper reporting that the Bank of Japan inquired with market participants about exchange-rate levels, a step often seen as a precursor to official intervention.
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Bloomberg — Markets (EN)




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