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Survey shows less than a quarter of Japanese firms approve of the recent yen intervention

Reuters survey of Japanese firms, their Japan Corporate Survey.

Headlines via Reuters:… China and US politics outranking JPY intervention. Sheesh:

13% of firms considering scaling back China operation vs 3% thinking
about expansionJapanese firms
believe Kamala Harris better for business as us president43% of firms see
Harris as better for business vs 8% favouring Trump24% of firms see
recent foreign exchange intervention by Japan as appropriate vs 9% as
inappropriate

USD/JPY update:

This article was written by Eamonn Sheridan at www.forexlive.com.

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