金色财经|Apr 28, 2026 01:27
[Before the Bank of Japan's Decision, Japanese Finance Minister States Readiness to Intervene in Forex Market]
Golden Finance reported on April 28 that the Japanese Finance Minister stated authorities are prepared to respond to forex market fluctuations at any time, a move seen as a warning to speculators just hours before the Bank of Japan announces its policy decision. "I have consistently mentioned that we will take decisive action when necessary," Finance Minister Katsuyuki Katayama said on Tuesday. When asked whether the government would remain vigilant during Japan's upcoming Golden Week holiday, she added, "We are ready to respond around the clock."
The Bank of Japan is expected to announce its latest interest rate decision within hours, with the market widely anticipating no changes. The voting results will be a focal point as the market assesses the likelihood of a rate hike in June. Statements by Governor Kazuo Ueda at the press conference following the decision will also be closely analyzed.
According to overnight swap market pricing, the probability of a rate hike on Tuesday is less than 3%, while the probability of a June rate hike has risen to 65%. The USD/JPY is currently trading around 159.5, near the level at which authorities intervened in the forex market in 2024. (Dongxin News Agency)
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