Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: Japanese Yen Strengthens After Suspected Intervention =============== #9654910e ...

Japanese Yen Strengthens After Suspected Intervention
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#9654910e ver:0.37

The Japanese yen strengthens after suspected intervention by authorities, strategically timed during low trading volumes. Bank of Japan spent 3.66 trillion yen ($23.59 billion) on Wednesday and 5.5 trillion yen ($35.06 billion) on Monday to prevent currency from reaching new lows. Dollar still up 10% against yen this year as traders adjust rate cut expectations. #Forex #BankofJapan #CurrencyIntervention...

#newstr #JapaneseYen #Intervention #Currency #BankOfJapan #FederalReserve #RateCut

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