The Ministry of Finance is set to disclose actual data on the largest ever foreign exchange intervention speculation.
● The Ministry of Finance, neither confirming nor denying the intervention, plans to disclose the total amount of foreign exchange interventions from April 26 to May 29 as a response to market inquiries at 7 p.m.
If the intervention amount exceeds expectations, there is a high chance of becoming a factor in yen depreciation according to BofA Securities. If there is no intervention, the yen is likely to once again test 160 yen, as stated by Monex Securities.