12 Feb 2016
If BOJ were to intervene, what time is most likely?
Chatter continues to mount over a possible BOJ intervention given the recent disruptive Yen appreciation across the board.
If history is any indication, intervention in Oct. 2011 was ordered at 10:25am, intervention in Sept. 2010 was conducted at 10:35am, both Tokyo time, which were followed by an emergency presser by the Finance Minister at around 10:45. At present, is 10:05 in Tokkyo.
If history is any indication, intervention in Oct. 2011 was ordered at 10:25am, intervention in Sept. 2010 was conducted at 10:35am, both Tokyo time, which were followed by an emergency presser by the Finance Minister at around 10:45. At present, is 10:05 in Tokkyo.