🚨 Failed yen intervention again at the Bank of Japan
The USD/JPY pair is approaching 160 despite Japan having spent $96 billion since last month.
This means Japan will now have to sell more U.S. bonds to intervene in the future, which could lead to a bond crisis.
And we all know what happens next, don’t we?🎩
Follow-up, please
$JPY.ETF
The USD/JPY pair is approaching 160 despite Japan having spent $96 billion since last month.
This means Japan will now have to sell more U.S. bonds to intervene in the future, which could lead to a bond crisis.
And we all know what happens next, don’t we?🎩
Follow-up, please
$JPY.ETF
