- CNY, JPY, bisher keine ANzeichen von BoJ Intervention - kingsolomon, 15.11.2004, 10:49
CNY, JPY, bisher keine ANzeichen von BoJ Intervention
-->JPY remains firm, along with other Asian currencies, on continued hopes and speculation of sooner than expected China reval, though PBoC governor Zhou and Dep gov Li tried to play down speculations. USD/JPY hit 7-month lows of 105.18, on continued talks of large selling interest from Japanese trust, regional and city banks, continued talks of JPY inflows from US coupon repayment today in US. Talks of options related buying ahead of key 105.00 structures and Japanese importers supported USD/JPY, but players looking to sell at 105.40-50 for eventual test of 105.00 again. No signs of BoJ/MoF, with Nikkei closing at 2-month highs of 11,227.57. USD/JPY last"visited" 105.00 in April on the way up, after it first broke below 105.00 in March 31, before MoF conducted record Y14.83 ($131.3bln) intervention in Jan-Mar to support JPY above 105.00, and then to push it from its then 4yr lows of 103.40. USD index of 9yr lows of 83.60 on USD weakness.
Quelle:4CAST

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