Samlunch
05-02

$Invesco CurrencyShares Japanese Yen Trust(FXY)$ 

BREAKING: USD to JPY ratio crashes again just days after the Bank of Japan intervened when the Japanese Yen hit its weakest level since 1990.

At 9:30 PM ET on Sunday night, the Japanese Yen weakened to 160 against the US Dollar for the first time since 1990.

On Tuesday, BOJ data indicated that they likely intervened with $5.5 TRILLION Yen for the first time since 2022.

Today, the same exact situation just happened and it appears to be another intervention.

The Yen is in trouble.

Yen Hits New Low: Forex and Travel Opportunities?
Over the past 30 years, the Japanese yen moved beyond USD/JPY 159 for the first time, potentially prompting Japan to intervene in the market.
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