Data Suggest Japan Government Didn’t Intervene to Prop Up Yen
Wall Street Journal
“Because the current rise in the dollar/yen is caused by strong dollars, it is not easy to reverse the pair’s move by currency intervention when U.S. yields are rising,” said Daiwa Securities.
https://www.wsj.com/articles/data-suggest-japan-government-didnt-intervene-to-prop-up-yen-fd6703e4