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Japan's Asakawa says they're watching markets "to see if there are speculative moves"

Japanese government currency chief talking to Bloomberg

"Speculative moves" ? You really can't make this stuff up. Priceless drivel.

At what point do they think the moves are speculative? Surely they were more/as speculative going short of yen anticipating BOJ assistance from more easing. Just saying.

USDJPY suitably unfazed and back down to 112.48

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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