Japan's Asakawa: Would act properly if there are speculative moves
Asakawa is from the Minnistry of Finance
He's commenting on the MOF, BOJ and FSA meeting today
That "Would act properly if there are speculative moves" is a hint at intervention
There have been plenty of hints in past months, but no action
More:
- market volatility is continuing
- Watching markets, especially FX, with urgency
Headlines via Bloomberg
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.