Intervention spree goes on

FRONT PAGE NEWS

TOKYO -- Following a spate of interventions since the attacks on the US, the Bank of Japan (BoJ) entered the market again last week -- with two unlikely allies.

For the second time in its history, the European Central Bank (ECB) intervened last Monday (September 24) on behalf of the BoJ, buying euros and selling yen. And in a repeat salvo on Wednesday, the BoJ bought dollars for yen and the ECB bought euros for yen. Later in the week, the US Federal Reserve also joined the market on behalf of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: