TOKYO — Japanese authorities likely won’t intervene in the currency market unless the yen plunges below 155 to the dollar, former top currency diplomat Hiroshi Watanabe said on Thursday. Markets are on alert for the chance of yen-buying intervention by Japanese authorities as the currency slides near the 152 level, where they last stepped into Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
