Forex Intervention: Which is Most Effective

After seeing USDJPY surge to 24-year highs, Japanese finance officials have stepped in with verbal intervention to stem or at least slow the JPYs decline, it is a good time to take a look at different types of forex intervention and which tends to be most effective.Types of Intervention1) Unilateral or CoordinatedIntervention can take the form of being unilateral (i.e. one central acting alone) or coordinated (i.e. various central banks acting in concert).2) Sterilized or UnsterilizedThe results of the intervention (i.e. buy