Yen strengthens sharply against US dollar amid suspected intervention and BOJ rate-hike expectations
Japan's yen strengthened to its strongest level against the US dollar since February as expectations grew that the Bank of Japan will raise interest rates, with market participants suspecting yen intervention and reports of Japanese authorities selling foreign reserves including US Treasuries.
Detected & updated continuously · Source: Nebula
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@Kacper_PK_CH
Seems like another Yen intervention. $JPY https://t.co/P3E7ZndYIk
@yourfriendSOMMI
❤️💛💚💙 Japan Yen is coming back. Japanese Treasury dumped $80 billion dollars of foreign reserves, presumably US Treasuries, to buy this up. 🎌 $JPYUSD has been collapsing, and crushing consumers in Japan. If there's more stimulus like this, Crypto could find a surprising https://t.co/WI4tBsi9Tr
@cryptonwsuk
JUST IN: 🇯🇵 Japan's yen is trading at its strongest against the US Dollar since February, as expectations grow that the Bank of Japan will raise interest rates.