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Japan’s Kanda: Won’t say whether intervention was conducted or not

Won’t say whether forex intervention was conductedWon’t say whether a rate check was conductedCan’t ignore the fact that there was a one-sided speculative move

USD/JPY is trading down 100 pips to 157.80 today and it looks like there was at least one round of intervention in the second day of action.

This article was written by Adam Button at www.forexlive.com.

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