GarryNdLarry

#YenPasses160PerDollarToOneMonthLow On August 28, 2026, the Japanese yen fell past 160 per US dollar, marking a one-month low and wiping out more than half of the gains from the historic, coordinated currency intervention enacted by the US and Japan in late July.$FF 🔎 Why the Yen is Under Renewed PressureThe latest plunge was triggered primarily by macroeconomic events in the United St$B ates rather than internal Japanese market failures:Jackson Hole Commentary: Federal Reserve Chairman Kevin Warsh delivered a hawkish speech at the Jackson Hole symposium, warning that inflation is not slowing meaningfully and signaling openness to further interest rate hikes.Surging US Yields: Warsh's remarks caused US Treasury yields to spike sharply, widening the already vast interest rate differential between the US and Japan.$GOOGL.US