Japan PM Takaichi Sunday yen verbal intervention. Follows USD/JPY Friday rate check slam. | investingLive
Japan’s intervention risk is back in sharp focus after PM Takaichi warned on Sunday against speculative moves, following a violent yen reversal and rate-check chatter late Friday. Summary: Japan PM Sanae Takaichi warned officials stand ready to act against “speculative and highly abnormal” market moves as the yen weakens and bond yields rise. The remarks…