Yen Intervention Veteran Says U.S. View Won’t Stop Japan Acting
- Yamasaki says Japan will explain to U.S. if it intervenes
- Intervention shows traders speculation doesn’t pay, he says
Currency Check: Will the Yen Strengthen Further?
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U.S. scrutiny of Japan’s currency strategy won’t prevent Finance Minister Taro Aso intervening in the market if moves in the yen are too rapid, said a veteran of Tokyo’s foreign exchange policy.