Japanese Prime Minister Shinzo Abe: We are ready to resort to intervention in the currency market if necessary

Market news

2 February 2017

Japanese Prime Minister Shinzo Abe: We are ready to resort to intervention in the currency market if necessary

Shinzo Abe said (in response to recent accusations of Donald Trump), that the Government of Japan is ready to resort to intervention on the foreign exchange market if necessary. Abe noted that it is not clear what kind of monetary policy will the Trump administration hold. He also added that in general, is undesirable for the United States and Japan leaders to discuss foreign exchange markets at the summit.

The Federal Reserve took a wait-and-see approach

Options levels on thursday, February 2, 2017

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