A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets

The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior. "When increasingly scarce national assets are spent in unison on the same target by two major sovereigns, markets will have to listen," said Monex's Jesper Koll.

Source: CNBC

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Category General

Source CNBC

Published 2 months ago

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News ID #2,530

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