Japan’s $36.8 Billion Currency Intervention in July: Official Data Revealed
Key Takeaways: πΈ Japanese authorities spent $36.8 billion to intervene in the foreign exchange market in July π Yen surged from 161.76 per dollar to 157.30 over two days in July πΊπΈ Factors contributing to yen surging included comments from Donald Trump and Japanese politicians π¦ Despite BOJ policy normalization expectations, yen expected to weaken … Read more