VIEW Japan's yen surges, as Tokyo issues strong intervention warning
Published on April 30, 2026.
The Japanese finance ministry's foreign exchange division could not be immediately reached for comment regarding the strong intervention warning. Kamal Sharma, Senior FX Strategist at the Bank of America, believes the move may have been an exacerbation due to poor liquidity in Asia hours. There is also speculation that the Bank may intervene during a holiday period, as some EU markets are closed and UK markets are also closed.
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