$Invesco CurrencyShares Japanese Yen Trust(FXY)$
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.
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