Line in the Sand: Japan’s FinMin Signals Ready to Intervene as Yen Teeters
The Japanese financial authorities have sent a clear and resounding message to the global markets: excessive, speculative movements in the currency will not be tolerated.
Japan’s "Free Hand": Minister Katayama Issues Fierce Warning to Yen Speculators
The Japanese Yen is once again at the center of a geopolitical tug-of-war. In a series of bold statements that have set the Forex world on high alert, Japan's Finance Minister Satsuki Katayama recently declared that the government has a "free hand" to take decisive action to curb the currency’s slide.