Fresh Data on Federal Reserve Accounts Hints at Funding Sources for Japanese Yen Intervention
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#9654910e ver:0.4

Japanese yen rallies after suspected intervention by authorities following the Fed's hint at delayed rate cuts. Bank of Japan spent 3.66 trillion yen on Wednesday and 5.5 trillion yen on Monday to support the currency. Fresh data on Federal Reserve accounts suggests potential funding sources for intervention. Long-term outlook for yen remains bearish. Market focus on US jobs report for April. #JapaneseYen #FederalReserve #intervention #currency #jobsreport...

#newstr #JapaneseIntervention #Yen #UsDollar #JobsReport #FederalReserveAccounts 

 https://here.news/story/9654910e?ver=0.4