We received ourselves one other yentervention *yen Surges Extra Than 1% With Merchants On Alert For Intervention 
Yen Abruptly Spikes Sparking Intervention Chatter Having damaged hand-held above 160/USD, this morning (because the G20 assembly involves an finish), the yen is abruptly spiking larger, prompting desk chatter of one other intervention… chart There was no apparent information or macro catalyst for such a transfer, and for now, there is no such thing as a observe by way of but it surely seems 160 is the brand new line within the sand for the Bessent/BoJ plunged protectors. chart Some merchants instructed it was a easy stop-hunt (which might nonetheless be instigated by ‘authorities’).
Yen Abruptly Spikes Sparking Intervention Chatter Having damaged hand-held above 160/USD, this morning (because the G20 assembly involves an finish), the yen is abruptly spiking larger, prompting desk chatter of one other intervention… chart There was no apparent information or macro catalyst for such a transfer, and for now, there is no such thing as a observe by way of but it surely seems 160 is the brand new line within the sand for the Bessent/BoJ plunged protectors. chart Some merchants instructed it was a easy stop-hunt (which might nonetheless be instigated by ‘authorities’).
