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BAML’s Yamada says BOJ intervention possible at 105 but more likely at 100

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    BAML‘s fx strategist Yamada was on the wires via Bloomberg, commenting on the likely intervention in the fx market to curb a stronger yen.

    Key Quotes:

    BOJ intervention possible at 105 but more likely at 100

    Intervention depends on speed of moves and market conditions
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