The yen reaches a 34-year low!! Issuing intervention warnings.

The yen fell to a 34-year low of 151.97 yen per dollar.

Mr. Finmin Suzuki stated that the authorities may take resolute measures. This expression was used prior to the previous intervention in October 2022.

Analysts are warning of the domino effect of yen risk caused by the depreciation of the yen.

Christopher Wong, currency strategist at OCBC (Singapore), said, "The market is cautiously testing where the boundary line of Tokyo is."

・"This is a new cycle high, so I think the risk of intervention is quite high. And considering the previous warnings, if Tokyo doesn't take action, I think it will only encourage people to push up the dollar/yen. It will rise significantly in the next few days."

- The movement of exchange rates and its impact on the economy and prices.

- The movement of exchange rates is one of the major factors affecting the economy and prices.

- Due to the depreciation of the yen, imported goods become more expensive, inflation accelerates, and exports from the world's fourth largest economy become cheaper.

- It's not just about the yen. There is a domino effect that causes downside risks for other currencies.