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BOJ data suggests Japan also intervened in the FX market on 12 July

2024-12-30FOREXLIVEFOREXLIVE
Reuters says the data suggests that Japan may have spent a little over ¥2 trillion to intervene last Friday

There were some decent shoves lower on Friday in USD/JPY but it came after the US PPI report. It wasn't immediate but it is something worth noting, with the BOJ data suggesting the intervention amount to be ¥2.14 trillion. That is less than what Japan offered on Thursday with the US CPI report as seen here. In any case, this should put some added emphasis on the US retail sales data later as the BOJ may choose to act again then.

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Possible Japan MOF interventions for 12 July?

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