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Standard Chartered Bank Executive: The Japanese government may have intervened tonight, but it is not certain.
Gate.io Data 12 July News, Standard Chartered Bank’s Global G10 Forex Research and North American Macro Strategy Director Steven Englander said that some people speculate that the yen’s movement tonight may be influenced by government intervention, but it is not certain. However, if the Japanese government intervened yesterday, they may intervene again today. I believe that maintaining market imbalance, maintaining randomness, and more frequent interventions is not a bad idea.