Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: Yen Traders Warn of Uphill Battle for Japan to Halt Currency’s Slide ...
Yen Traders Warn of Uphill Battle for Japan to Halt Currency’s Slide
===============
#9654910e ver:0.32
The Japanese yen is facing an uphill battle to halt its slide, reaching its lowest value since 1990. Factors such as low interest rates, the strength of the US economy, and the COVID-19 pandemic have contributed to the yen's decline. While a weak yen benefits exporters, it carries the risk of inflation and negative impacts on Japan's economy. The Bank of Japan is discussing interest rates, but intervention may be necessary to stabilize the yen. Traders warn that sustained action may be needed, as the Federal Reserve's policies make the dollar more appealing. #JapaneseYen #CurrencySlide #BankofJapan #FederalReserve...
#newstr #JapaneseYen #FinancialMarketTurmoil #CurrencyExchange #BankOfJapan #Inflation #UsDollar #JapaneseGovernmentIntervention #FederalReserve'sPolicies
https://here.news/story/9654910e?ver=0.32
===============
#9654910e ver:0.32
The Japanese yen is facing an uphill battle to halt its slide, reaching its lowest value since 1990. Factors such as low interest rates, the strength of the US economy, and the COVID-19 pandemic have contributed to the yen's decline. While a weak yen benefits exporters, it carries the risk of inflation and negative impacts on Japan's economy. The Bank of Japan is discussing interest rates, but intervention may be necessary to stabilize the yen. Traders warn that sustained action may be needed, as the Federal Reserve's policies make the dollar more appealing. #JapaneseYen #CurrencySlide #BankofJapan #FederalReserve...
#newstr #JapaneseYen #FinancialMarketTurmoil #CurrencyExchange #BankOfJapan #Inflation #UsDollar #JapaneseGovernmentIntervention #FederalReserve'sPolicies
https://here.news/story/9654910e?ver=0.32