{"id":15756,"date":"2011-10-31T16:05:41","date_gmt":"2011-10-31T07:05:41","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=15756"},"modified":"2011-10-31T16:05:41","modified_gmt":"2011-10-31T07:05:41","slug":"japans-yen-intervention-stopped-at-79-19-by-word-play","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2011\/10\/japans-yen-intervention-stopped-at-79-19-by-word-play\/","title":{"rendered":"Japan&#8217;s Yen Intervention Stopped At 79.19 By Word Play"},"content":{"rendered":"<p>Japan is reported to begin Yen intervention today. But after the initial US dollar surge, Yen stalled around 79.19 against 1 US dollar over 3 hours.<br \/>\n<a href=\"http:\/\/zai.diamond.jp\/list\/fxchart\/detail?pair=USDJPY&amp;time=5m\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2011\/10\/7919-line.png\" alt=\"\" title=\"7919-line\" width=\"585\" height=\"500\" class=\"alignright size-full wp-image-15757\" \/><\/a><\/p>\n<blockquote><p><a href=\"http:\/\/www.npr.org\/2011\/10\/30\/141850723\/japan-intervenes-in-currency-market-to-weaken-yen\" target=\"_blank\" rel=\"noopener\">In early afternoon trading in Tokyo, the dollar was holding steady at around 79.19 yen, but it remains to be seen how long an impact the intervention will have.<\/a><\/p><\/blockquote>\n<p><a href=\"http:\/\/log.facevip.net\/read\/hatsukari.2ch.net\/news\/1320036097#.Tq5E8N4kDjE\" target=\"_blank\" rel=\"noopener\">As pointed on 2-channel<\/a>, 79.19 exactly matches how Finance Minister Jun Azumi telling <a href=\"http:\/\/www.npr.org\/2011\/10\/30\/141850723\/japan-intervenes-in-currency-market-to-weaken-yen\" target=\"_blank\" rel=\"noopener\">&#8220;thoroughly until I am satisfied&#8221;<\/a>(=&#8221;Nattoku Iku Made Okonau&#8221;) is accepted as some kind of secret code as &#8220;Nattoku Iku&#8221; sounds similar with &#8220;Nana Ku I(chi) ku)&#8221;=79.19. Non-Japanese do not see why the strange line shows up (see <a href=\"http:\/\/www.forexlive.com\/blog\/2011\/10\/31\/usdjpy-very-large-order-currently-being-filled\/\" target=\"_blank\" rel=\"noopener\">comments here<\/a> for example).<br \/>\nThis is ridiculous. Should the minister have picked another phrase not to be misunderstood that he is signaling such a secret message to someone?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan is reported to begin Yen intervention today. But after the initial US dollar surge, Yen stalled around 79.19 against 1 US dollar over 3 hours. In early afternoon trading in Tokyo, the dollar was holding steady at around 79.19 yen, but it remains to be seen how long an impact the intervention will have.&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2011\/10\/japans-yen-intervention-stopped-at-79-19-by-word-play\/\">Continue reading <span class=\"screen-reader-text\">Japan&#8217;s Yen Intervention Stopped At 79.19 By Word Play<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":15757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[17],"tags":[52,797,1185,1186,1230,3917,4193],"class_list":["post-15756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-japan","tag-2-channel","tag-currency","tag-finance","tag-finance-minister","tag-foreign-currency","tag-us-dollar","tag-yen","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/15756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=15756"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/15756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=15756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=15756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=15756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}