Yen Weakens and Stocks Mixed: Suspected Intervention at Play
Key Takeaways: πΉ Yen dropped against the dollar following suspected intervention by Japanese authorities πΉ Dollar on the back foot after Fed Chair confirmed easing bias πΉ Sharp move occurred after Wall Street closed and Fed meeting ended πΉ Yen down 0.5% against dollar after surge and subsequent drop πΉ Japan’s MOF likely intervened to … Read more