Japan Prime Minister Kishida says he won’t comment on FX intervention

Japan’s Prime Minister Kishida with the no comment.

As for my sub heading to this post, yeah … in the absence of further intervention (if that’s what it was) USD/JPY will hed on back up:

Earlier:

Japan’s Kanda says need to take appropriate actions on FXHow to confirm Japanese intervention in yen (TL;DR is wait until the end of May!)UBS on the yen: “Looks like intervention”, if it was its unlikely to have a lasting impact

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