The yen reaches its lowest price in 34 years!! Issue an intervention warning

・The yen fell to a 34-year low of 1 dollar = 151.97 yen

・Finmin Suzuki says authorities may take “decisive action” The expression was used prior to the previous intervention in October 2022

・Analysts warn of the domino effect of yen risk due to the depreciation of the yen

・OCBC (Singapore) currency strategist Christopher Wong said, “I think the market is carefully testing where the Tokyo border is.”

・“This is a new cycle high, so I think the risk of intervention is pretty high. And considering the warnings so far, if Tokyo doesn't take action, I think it will only encourage people to push up (dollar/yen).”) It will rise drastically in the next few days.”

・Exchange rate movements and their effects on trends in the economy and prices

・Exchange rate movements are one of the factors that have a major impact on the economy and prices

・Imported goods become expensive due to the depreciation of the yen, inflation accelerates, and exports from the world's fourth largest economy become cheaper.

・I'm not just talking about yen. There is a domino effect that causes depreciation risks in other currencies