Jumat, 01 April 2011

Japanese Intervention was Not Sterilized - What Does that Mean?

The Bank of Japan said explicitly last night that their intervention will NOT be sterilized. This is VERY good because it gives their intervention efforts a greater chance of succeeding.
Intervention by central banks is one of the most important short-term and long-term fundamental drivers in the currency market. For short-term traders, intervention [...]

Source: http://www.kathylien.com/site/japanese-yen/japanese-intervention-was-not-sterilized-what-does-that-mean

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