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Daiwa Securities chief FX strategist Kenta Tadaide said any surprise Japanese government intervention to support the yen may only be a stopgap to buy time. "To maximize the effect of FX intervention, monetary policy must remain aligned," he said, add

2026-07-31

Daiwa Securities chief FX strategist Kenta Tadaide said any surprise Japanese government intervention to support the yen may only be a stopgap to buy time. "To maximize the effect of FX intervention, monetary policy must remain aligned," he said, adding markets largely expect the Bank of Japan to keep policy rates unchanged at today's decision and are focused on the policy statement and Governor Kazuo Ueda's press conference.

Other News
2026-07-31

USD/JPY rose nearly 30 pips intraday after the Bank of Japan held policy rates unchanged.

USD/JPY rose nearly 30 pips intraday after the Bank of Japan held policy rates unchanged.
2026-07-31

Japan June retail sales YoY 0.5% vs 3.1% expected; May revised to 5.0% from 5.3%.

Japan June retail sales YoY 0.5% vs 3.1% expected; May revised to 5.0% from 5.3%.
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