What are the conditions under which yen-buying intervention becomes effective?
4/1Announcement in the United States3MonthISMManufacturing Purchasing Managers' Index (PMI) for manufacturing2022Year9Month since first half of 2022 has shown a decisive turning point between expansion and contraction50and significantly improved, causing U.S. long-term interest rates to rise and a broad-dollar rally. The dollar-yen rate also151yen-range upper152yen level to test again. The following discusses the conditions under which any expected intervention by the Ministry of Finance to buy yen could be effective.
× ![]()