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Japanic: Yen Suddenly Spikes Stoking Intervention Speculation

Japanic: Yen Suddenly Spikes Stoking Intervention Speculation Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of Japan has had enough and intervened. Having tagged 164/USD, the Japanese currency suddenly exploded stronger (below 160/USD, which was the prior level of intervention)… The scale of… Continue reading Japanic: Yen Suddenly Spikes Stoking Intervention Speculation

Japanic: Yen Suddenly Spikes Stoking Intervention Speculation

Japanic: Yen Suddenly Spikes Stoking Intervention Speculation Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of Japan has had enough and intervened. Having tagged 164/USD, the Japanese currency suddenly exploded stronger (below 160/USD, which was the prior level of intervention)… The scale of… Continue reading Japanic: Yen Suddenly Spikes Stoking Intervention Speculation