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Survey shows less than a quarter of Japanese firms approve of the recent yen intervention

Started by forex4you, Aug 15, 2024, 07:25 am

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Survey shows less than a quarter of Japanese firms approve of the recent yen intervention

Reuters survey of Japanese firms, their Japan Corporate Survey.

Headlines via Reuters:... China and US politics outranking JPY intervention. Sheesh:


  • 13% of firms considering scaling back China operation vs 3% thinking
    about expansion
  • Japanese firms
    believe Kamala Harris better for business as us president
  • 43% of firms see
    Harris as better for business vs 8% favouring Trump
  • 24% of firms see
    recent foreign exchange intervention by Japan as appropriate vs 9% as
    inappropriate

USD/JPY update:



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Survey shows less than a quarter of Japanese firms approve of the recent yen intervention

forexlive.com
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