Now, this is more like it. Comparing this to the blip on Friday, there is definitely much more of a difference even in the first 30 minutes so far. It certainly looks like Tokyo is making it known that they are in the market. I mean, I really can't think of anything or anyone else that could move USD/JPY in such a manner.The question now though is, can they really keep this up if the market pressure continues over the short to medium-term?The big problem for Japanese officials is that they don't have the fundamental narrative on their side. In the latter stages of last year, it was already a race against the clock for the BOJ and even more so now when price developments are starting to ease
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