Bank of Japan seen likely to hike or intervene next weeks
RBC Capital Markets’ Abbas Keshvani says the Bank of Japan is likely to hike or intervene in the coming weeks as the yen has underperformed over the last month, undoing much prior intervention.
The Bank of Japan is likely to hike or intervene in the coming weeks, given the yen's underperformance, RBC Capital Markets' Abbas Keshvani says in commentary.
The yen has underperformed over the last month, undoing most of BOJ's intervention in recent months.
A yen recovery will require an aggress…