Japan intervenes strongly to support the yen and sells about $35 billion



After the dollar/yen reached 160.7, authorities moved quickly
To push the yen up to around 155 within hours

This type of intervention provides temporary support for the currency
But the core problem still remains

The large interest rate gap between America and Japan
Is the main reason for the yen's weakness and the continuation of what is known as carry trading

That's why the yen often weakens again
If this interest rate gap in monetary policy does not change
#WCTCTradingKingPK #USSeeksStrategicBitcoinReserve #BitcoinETFOptionLimitQuadruples ##DailyPolymarketHotspot $SOL
SOL0.65%
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