Yen Intervention Veteran Says U.S. View Won’t Stop Japan Acting

Updated on
  • Yamasaki says Japan will explain to U.S. if it intervenes
  • Intervention shows traders speculation doesn’t pay, he says

Currency Check: Will the Yen Strengthen Further?

U.S. scrutiny of Japan’s currency strategy won’t prevent Finance Minister Taro Aso intervening in the market if moves in the yen are too rapid, said a veteran of Tokyo’s foreign exchange policy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.