Japan's Finance Ministry May Move Suddenly to Clear Speculative Yen Positions, Sources Say

Japan’s Ministry of Finance may act suddenly to clear speculative yen positions, Reuters cited sources as saying, according to Ming Pao. Officials signaled they could take more targeted measures to curb speculators and raise the cost of shorting the yen, while avoiding any suggestion of a specific exchange-rate “line in the sand” that could trigger expectations of intervention.