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Japan's top currency diplomat Mimura warns markets on yen
Original: EXCLUSIVE Japan's currency diplomat Mimura urges markets to heed 'very clear' warning on yen
Japan's top currency diplomat, Masato Mimura, said markets should heed a 'very clear' warning regarding the yen, in an exclusive interview reported by Reuters. The comments signal that Japanese authorities are openly cautioning investors against excessive yen weakness, keeping intervention fears in focus for currency traders.
Why now: Traders are on alert for possible Japanese intervention to support the yen.
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Evidence
- EXCLUSIVE Japan's currency diplomat Mimura urges markets to heed 'very clear' warning on yen · Reuters
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