Lose face!
$USD/JPY(USDJPY.FX$ where the Japanese pride? all talk no intervention lose face!
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Braight : they can only talk. can't really do anything. no muscle to intervene. need big brother's help
Xjpxjp : Basically, less than 160 won't interfere, because even if the Bank of Japan takes action now, it will only recover part of it for a short time. In the long run, as long as interest rates between the US and Japan do not shrink, the yen will continue to depreciate
Timtan85OP Xjpxjp: Read somewhere more than 10% in the year considered by Japan as excessive FX movement hence will intervene. No specific level given for FX intervention. Can happen anytime.
Xjpxjp Timtan85OP: Understood, but if you want to intervene, you also have to look at your own strength. You can't always rely on this method to maintain the yen. Furthermore, the depreciation of the yen has more advantages than disadvantages for the Japanese government; at most, it only sacrifices the interests of ordinary people