Intervention in the currency markets, unless it is coordinated with other central banks and/or is accompanied by other policy moves, such as a change in interest rates and/or is on a massive scale, can have a limited...
There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...
Let’s start with the assumption that the MoF/BoJ have reached their point of pain. I am not saying this is the case but it pays to be on intervention alert. After looking at this chart from Friday...
After weeks of so many speculations and questions : “ Is BoJ going to intervene and where “ we got a simple answer – NO Even if Boj did some undercover work and used lots of senseless...
Many new traders have not experienced intervention and even those who have traded on this event, it pays to have a refresher to see which type tends to be most effective. I call it an intervention primer. With...