Yen outperforms on intervention

May 3, 2024 | Commodities, Currency, Economy, Money Market

Markets have settled after the flurry following the Fed’s policy update yesterday and the moves have been in a similar direction, with US Treasury yields falling further and the USD weaker, says BNZ Markets this morning Jason Wong, senior markets strategist says, “JPY has outperformed, after another bout of official intervention shook out some more […]

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Yen outperforms on intervention

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