Why Japan Has Not Intervened to Support the Yen Yet
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#56764ea7 ver:0.58

The Japanese yen continues to depreciate against the US dollar, reaching a 38-year low. Japan has not intervened to support the currency due to the strength of the US dollar, fragility of the Japanese economy, and limited capacity for intervention. The yen's depreciation is driven by the significant gap in interest rates between Japan and the US. While the weak yen benefits tourists, importers and international investors are facing challenges. The Bank of Japan is balancing economic stimulus with the risks of a falling currency. The yen carry trade and the risk of a surprise surge also contribute to the yen's depreciation. Japan is unlikely to intervene without approval from Washington. Verbal interventions have kept yen movements relatively small. #yen #depreciation #currencyintervention...

#newstr #JapaneseYen #CurrencyIntervention #BankOfJapan #CarryTrades #UsDollar 

 https://here.news/story/56764ea7?ver=0.58