Japan's Tactics in Yen Intervention: Explained
===============	
#9654910e ver:0.36

The Japanese yen surged against the dollar, prompting speculation of intervention by Japanese authorities to stem its decline. The depreciation of the yen is tied to the rate differential between the US and Japan, as well as the impact of the COVID-19 pandemic. Currency traders warn that Japan may need to take sustained action to support the yen, as economic forces suggest further depreciation. US officials may provide public support to stabilize the currency. The yen's wild swings and economic concerns in Japan may lead to more frequent violent swings in its value. #Japan #yen #intervention #currency...

#newstr #JapaneseYen #Intervention #Currency #BankOfJapan #ExchangeRate 

 https://here.news/story/9654910e?ver=0.36