Japan’s Yen Intervention Strategy Faces Test From US Data
"Kanda’s former boss at the finance ministry, Tatsuo Yamasaki, said this week that Japan is ready to step in as soon as the yen falls beyond its current range"https://t.co/KFAwYm6xAU pic.twitter.com/eYGukkLe2P
— Global Markets Investor (@GlobalMktObserv) April 5, 2024
Mr. 151.75 $JPY is warming up again…. https://t.co/nzSMHPc2H5 pic.twitter.com/JaxKOoVtVm
— JustDario 🏊♂️ (@DarioCpx) April 5, 2024
Gold has risen by 145% in yen in just five years.
Other toilet paper currencies are as follows (5-year period):
CAD – 75%
EUR – 81%
GBP – 75%
CHF – 58%
PLN – 81%
USD – 75% (however, gold was very high in 2011)
Gold priced in Yen pic.twitter.com/F1MHCN6TlH
— Mark Christopher (@PowellLovesMMT) April 2, 2024