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Citibank weighs in on yen intervention chatter, believing a Nikkei of 9.5K (currently 9,845) or...

Aug. 02, 2011 11:29 AM ETFXY, JYF, YCL, YCSBy: Stephen Alpher, SA News Editor
Citibank weighs in on yen intervention chatter, believing a Nikkei of 9.5K (currently 9,845) or dollar/yen of ¥76 (currently ¥77.13) could set it off. As with most interventions, the beneficiaries are likely to be nimble FX traders, not the exporters gasping for air.

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