The Zhitong Finance App learned that after the rare joint intervention of Japan and the US briefly pulled the yen back from a 40-year low for about two weeks, the market's bets on the Bank of Japan's faster and larger interest rate hike heated up sharply. Whether the yen can maintain the results of the intervention is pending at the Bank of Japan policy meeting next month.

Zhitongcaijing · 3d ago
The Zhitong Finance App learned that after the rare joint intervention of Japan and the US briefly pulled the yen back from a 40-year low for about two weeks, the market's bets on the Bank of Japan's faster and larger interest rate hike heated up sharply. Whether the yen can maintain the results of the intervention is pending at the Bank of Japan policy meeting next month.