Antes de la decisión del Banco Central de Japón, el Ministro de Finanzas de Japón afirma estar listo para intervenir en el mercado de divisas

Golden Finance reports that on April 28th, Japan’s Finance Minister stated that authorities are prepared to respond to foreign exchange market fluctuations under all-weather conditions. This move is seen as a warning to speculators issued a few hours before the Bank of Japan announced its policy decision. “I have always mentioned that decisive action will be taken when necessary,” Finance Minister Katsunobu Kato said on Tuesday. When asked whether the government remains vigilant during the upcoming Golden Week holiday in Japan, she added, “We are ready to respond under all-weather conditions.” The Bank of Japan is expected to announce its latest interest rate decision in a few hours, with the market generally expecting no change, and the voting results will be a focus as the market assesses the possibility of a rate hike in June. The statements by Governor Kazuo Ueda at the post-decision press conference will also be closely watched. According to overnight swap market pricing, the probability of a rate hike on Tuesday is less than 3%, while the probability of a hike in June has risen to 65%. The USD/JPY is currently trading around 159.5, close to the level where authorities intervened in the forex market in 2024. (Dongxin News Agency)