Yen Poised to Surge as US-Japan Intervention Marks Historic Shift
Analysts say joint US-Japan intervention marks a turning point for the yen, which is expected to strengthen significantly toward 125 per dollar, ending its four-decade low slide.
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Recently added · Page 1USD/JPY Peaked? State Street Sees Shift After Japan Intervention
Coordinated US-Japan currency intervention signals a strategic shift to using the Fed's FEMA repo facility, avoiding Treasury sales to support the yen. State Street believes USD/JPY has peaked at 164…