Japan’s Top FX Diplomat Kanda: Won't comment now on intervention
Japan’s top currency diplomat Masato Kanda said on Monday that I won't comment now” when asked by reporters about the market view that Japan intervened in the currency market this morning.
His comments come after USD/JPY got heavily sold-off from above 160.00 to as low as 155.07. Markets speculated suspected Japanese FX market intervention on over 500-pips action in the pair.
At the time of writing, USD/JPY is still down 1.26% on the day to near 156.40.
Japanese Yen price today
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the US Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.19% | -0.25% | -0.08% | -0.45% | -1.25% | -0.43% | -0.29% | |
| EUR | 0.19% | -0.07% | 0.10% | -0.26% | -1.07% | -0.25% | -0.10% | |
| GBP | 0.27% | 0.07% | 0.17% | -0.19% | -0.98% | -0.17% | -0.02% | |
| CAD | 0.09% | -0.10% | -0.17% | -0.37% | -1.15% | -0.35% | -0.21% | |
| AUD | 0.45% | 0.26% | 0.19% | 0.36% | -0.78% | 0.02% | 0.16% | |
| JPY | 1.24% | 1.05% | 0.97% | 1.15% | 0.77% | 0.81% | 0.95% | |
| NZD | 0.44% | 0.24% | 0.17% | 0.34% | -0.02% | -0.81% | 0.18% | |
| CHF | 0.30% | 0.14% | 0.03% | 0.20% | -0.16% | -0.95% | -0.14% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
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.
