• 11/26/2024

Japanese Financial Authorities Intervened in Forex Market to Support Yen

Wall Street Journal

The yen strengthened sharply, bouncing after it briefly hit a new 34-year low of 160 against the dollar on waning expectations for near-term rate increases from the Bank of Japan.

https://www.wsj.com/articles/japanese-financial-authorities-intervened-in-forex-market-to-support-yen-4bd27f50