Around 9.00am Tokyo time the BoJ began intervening in the FX markets after agreeing to a corrodinated effort with the G7. USDJPY traded to an initial high of 81.00 from 79.20 on the early buying but then powered ahead to 81.99 as trading began to spread and further comments were issued. The G7 group statement expressed its "readiness to provide any needed cooperation," and said it "will cooperate... ...More...


More informations about ACM