Japan's Aso will hold news conference at 4.15 GMT

Dhwani Mehta FXStreet

Japanese finance minister Taro Aso has called in a news conference at 0415 GMT, in light of the Brexit-led slump in USD/JPY to more than 2-yr lows off 98.95.

Markets are expecting Aso to talk on the likelihood of intervention at the conference, with BOJ expected to intervene to stall the yen’s rise.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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