Japan Steps Closer to Intervention as Yen Hits Lowest Since 1990
Japan stepped closer to currency intervention with its strongest warning yet after the yen slid to the weakest level in about 34 years against the dollar.
“We are watching market moves with a high sense of… pic.twitter.com/TJbwb6ZeKj
— Tracy (𝒞𝒽𝒾 ) (@chigrl) March 27, 2024
The Japanese Yen falls to its lowest level since 1990.
USD/JPY crosses 151.94 pic.twitter.com/hAWu9x2kf0
— Ayesha Tariq, CFA (@AyeshaTariq) March 27, 2024
Jawboning on steroids from #Japan now…
WATCHING FOREX WITH HIGH LEVEL OF URGENCY, CANNOT TOLERATE SPECULATIVE MOVES – Kanda
WILL TAKE APPROPRIATE ACTION AGAINST EXCESSIVE MOVES, NOT RULING OUT ANY ACTIONS REGARDING FOREX – Kanda t.co/yX81SbbCXR pic.twitter.com/vbf740MIIE
— JustDario 🏊♂️ (@DarioCpx) March 27, 2024