#yenbreaks160againstdollar 🚨
BOJ YEN
INTERVENTION HAS FAILED AGAIN
USD/JPY is approaching
160
despite Japan spending $96 Billion since last month.
This means Japan will now have to sell more US bonds for future intervention, which could trigger a bond crisis.
We all know what happens after that, right?$MET $EUL $MOVE
BOJ YEN
INTERVENTION HAS FAILED AGAIN
USD/JPY is approaching
160
despite Japan spending $96 Billion since last month.
This means Japan will now have to sell more US bonds for future intervention, which could trigger a bond crisis.
We all know what happens after that, right?$MET $EUL $MOVE
