Japan declines comment on yen intervention reports

6 articles · Updated · Bloomberg · May 1

Atsushi Mimura, vice finance minister for international affairs, said on Friday he would not address speculation that authorities entered currency markets to support the yen.
He also said Japan remains in close communication with US counterparts as attention stays on possible official action in foreign-exchange trading.
The remarks leave unconfirmed whether Tokyo intervened, while underscoring continued sensitivity over yen weakness and its potential economic and market effects.

After the yen's dramatic surge, what is the secret 'red line' that would trigger Japan's next intervention?

Is Japan's multi-billion dollar yen defense a futile fight against global interest rate realities?