Japanese Yen collapse continues as it falls to a new 38-year low against the U.S. Dollar
The Japanese yen has been experiencing significant weakness against the U.S. dollar. Recently, it reached a 38-year low of 161 yen against the dollar. This decline has raised concerns, prompting Japanese authorities to consider intervention in currency markets to stabilize the yen. The reasons behind this slide include signals from the U.S. Federal Reserve about maintaining elevated interest rates …