đš Japan Spent $74B Defending the YenâBut the Real Battle Is the Fed
đŻđ” The Japanese yen has fallen to a 40-year low, despite Japan spending a record $74 billion to support its currency.
đ Why isn't intervention working?
â Wide U.S.-Japan interest rate gap
â Strong U.S. dollar
â Higher-for-longer Federal Reserve policy
â Markets see unilateral intervention as only temporary
Analysts believe currency intervention alone cannot reverse the trend unless the Fed begins cutting rates or the U.S.-Japan yield gap narrows.
đ Some strategists say coordinated U.S.-Japan intervention would have a much stronger impact than Tokyo acting alone.
đ For now, the dollar remains in control.
$ENA | $BNB | $NFP
#USADP98KMiss #GoldHoldsGains #BankOfJapan #StreamerClub #Write2Earn
đŻđ” The Japanese yen has fallen to a 40-year low, despite Japan spending a record $74 billion to support its currency.
đ Why isn't intervention working?
â Wide U.S.-Japan interest rate gap
â Strong U.S. dollar
â Higher-for-longer Federal Reserve policy
â Markets see unilateral intervention as only temporary
Analysts believe currency intervention alone cannot reverse the trend unless the Fed begins cutting rates or the U.S.-Japan yield gap narrows.
đ Some strategists say coordinated U.S.-Japan intervention would have a much stronger impact than Tokyo acting alone.
đ For now, the dollar remains in control.
$ENA | $BNB | $NFP
#USADP98KMiss #GoldHoldsGains #BankOfJapan #StreamerClub #Write2Earn