The plunge to 160 per dollar immediately filled news reports and social media across Japan. “We cant let our guard down,” Iguchi called repeatedly as trading ensued. Other so-called red-line levels — 155 and 158 — had fallen with no pushback. Some were starting to ask if the authorities would ever act.
Yen s Wild Swings Are Just a Taste of What s to Come bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Weak yen pressures Bank of Japan rate decision menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
It's a big week for US data, with a Fed rate decision, jobs report, and key ISM surveys all due, which will all help shape expectation about the Fed's rate course for this year