Talking Points:
• Intervention is not uncommon nowadays for monetary policy authorities, but its effectiveness is questionable
• We separate influence via unorthodox monetary policy from direct intervention on behalf of currency purchases
• The risk of direct Yen selling may be high, but its influence over pairs like USDJPY can be very limited
Read the full article here:
https://www.dailyfx.com/forex/video/live_events/2016/04/09/Strategy-Video-The-Practicality-of-FX-Intervention-Japan-to-China-to-Mexico-.html
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