{"id":88198,"date":"2023-08-21T16:07:24","date_gmt":"2023-08-21T12:07:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=88198"},"modified":"2023-08-21T16:07:29","modified_gmt":"2023-08-21T12:07:29","slug":"jpmorgan-sees-japans-threshold-for-yen-intervention-at-around-150-yen-per-dollar","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/jpmorgan-sees-japans-threshold-for-yen-intervention-at-around-150-yen-per-dollar\/08\/21\/market-updates\/","title":{"rendered":"JPMorgan sees Japan&#8217;s threshold for yen intervention at around 150 yen per dollar"},"content":{"rendered":"\n<p>The yen was trading at 145.87 to the dollar on Monday, having been as weak as 146.56 last week.<\/p>\n\n\n\n<p>&#8220;We think that the MoF (Ministry of Finance Japan) will not intervene in the FX market at around (the) 145 level. Our threshold level of JPY buying intervention is around 150,&#8221; they said in a note.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>JPMorgan&#8217;s analysts added that the fundamental conditions in the Japanese economy had been improving since the last time the MoF intervened to lift the yen last year.<\/p>\n\n\n\n<p>&#8220;Intervention needed is not as acute as in the September and October intervention cases,&#8221; they said.<\/p>\n\n\n\n<p>Accodring to Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The yen was trading at 145.87 to the dollar on Monday, having been as weak as 146.56 last week. &#8220;We think that the MoF (Ministry of Finance Japan) will not intervene in the FX market at around (the) 145 level. Our threshold level of JPY buying intervention is around 150,&#8221; they said in a note. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":53129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[8642,8367],"class_list":["post-88198","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-housing-data","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=88198"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88198\/revisions"}],"predecessor-version":[{"id":88199,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88198\/revisions\/88199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53129"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=88198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=88198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=88198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}