153 yen? They intervened so often, and I wonder how much of ...
153 yen? They intervened so often, and I wonder how much of my current account they spent. In the end, it depends on US interest rates, so you should be well aware that the yen will only temporarily appreciate.
The Bank of Japan must be in pain too. Interest rates can't be raised right away, and I don't want to dabble in government bonds.
Even if the market reacts temporarily, in the end, dollar buying accelerates every time various US economic indicators are announced, and it approaches 160 yen again. A trade is assumed in anticipation of that trend.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
