Japanese officers have remained coy about whether or not or not they intervened to prop up the hapless yen on Monday.

ICYMI:

Masato Kanda, the vice-minister for worldwide affairs at Japan’s Ministry of Finance (he’s the official who will instruct the BOJ to intervene, when he judges it mandatory, and is also known as Japan’s ‘prime forex diplomat’) was requested by media if authorities had stepped into markets to assist the yen:

The MoF releases figures on forex intervention on the finish of every month. The subsequent report is due in the present day, Tuesday, 30 April 2024, at 7pm Tokyo time. This may not cowl Monday, although, it’s going to solely cowl as much as April 26. We are going to get the info that’ll embody Monday on the finish of Could!

Here is what the report appears to be like like (when there was no FX intervention). That is the most recent report presently out there: