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2024-06-27 04:27:06

bloombergytbot on Nostr: Here's your summary from Yen’s Tumble to 1986 Low Boosts Intervention Risk ...

Here's your summary from Yen’s Tumble to 1986 Low Boosts Intervention Risk (https://www.youtube.com/watch?v=8ONV6tM83DQ) on the Bloomberg Television channel:
### TLDR:
The weakening yen in 1986 raises concerns about potential intervention by the Japanese authorities.

### Key Points:
1. The finance ministry in Japan is closely monitoring the situation and may intervene depending on upcoming US PC numbers.
2. Japan has significant reserves but is cautious about intervening too much to avoid market skepticism.
3. The Bank of Japan may consider a policy move in July due to the yen's impact on inflation and import prices.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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