Yen keeps markets on edge, data points to BOJ intervention The yen steadied on Friday, a day after the Bank of Japan likely intervened to prop up the currency, on the coat-tails of an unexpected drop in U.S. consumer prices that fuelled the largest drop in the dollar since May. Daily operations data from the BOJ on Friday suggested the central bank had spent between 3.37-3.57 trillion yen ($21.18-22 billion) on buying the yen on Thursday, less than three months after its last foray into the market. Tokyo’s top currency diplomat, Masato Kanda, said on Friday authorities will take action as needed in the foreign exchange market, but declined to comment on if authorities had intervened. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Long-Term Strength Predicted to Persist READ MORE ZeroHedge: Questions About Gold The CFTC And Fed Won’t Answer READ MORE Affordability Crisis Hits Feminine Care: Sales Drop as Prices Surge READ MORE "Is It Too Late To Buy Gold & Silver? NO. YOU AIN'T SEEN NOTHIN' YET" – Mike Maloney READ MORE Powell Signals Fed's Pivot: Job Market Concerns May Prompt Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment