Deutsche Bank: Japan has only two windows left to intervene in the yen exchange rate before November

Deutsche Bank stated that according to the rules of the International Monetary Fund (IMF), Japan can only intervene in exchange rates twice before November, and each intervention should not exceed three consecutive trading days. Strategist Michael Pfister wrote in the report that Japan has limited available resources and intervention needs to be carried out at a low-cost time. Public holidays are particularly suitable, and this week's Independence Day weekend in the United States is a suitable time.