As it was informed by "Market Leader (US)"
The probability of Japanese intervention
As Japanese vice Finance Minister Fumihiko Igarashi claimed yesterday, the currency intervention will be more effective if it’s a surprise for the market. As a result, Japan’s monetary authorities aren’t going to provide any hint on whether they will act or not and if yen, then when it will happen. Finance Minister Yoshihiko Noda himself repeated after the G-20 meeting that Japan remains ready to sell yen.Yen added more than 15% since the beginning of 2010 harming Japanese exporters – the country’s exports growth pace slowed down declining in September to the lowest level in the year.