Home > February, 2009

Japan Has Not Intervened in FX

Archived in the category: Forex International News
Posted by admin on 09 Feb 09 - Comments Off

In line with other Asian authorities’ attitudes towards online forex trading, Japan has not intervened in the forex market to help the yen appreciate. In fact, Japanese monetary authorities have not ventured into the forex market since March 2004, when 30 trillion yen ($315.1 billion) was spent to stem the yen’s appreciation. As a result [...]