Japanese yen
Discussion focused on why the US and Japan intervened in the yen market and on the possibility of further yen weakness. Ben Chabot linked Japan’s Treasury holdings and carry trades to intervention incentives 1, while Bloomberg reported that US participation in the late-July intervention was a Treasury move, not a Federal Reserve operation 2. Razan Hilal said the BOJ’s gradual tightening preference could keep the yen relatively weak near term, with USD/JPY retaining a neutral-to-bullish structure and intervention risks rising if yen weakness intensifies 3.
From the window to Oct 13, 05:30 ET — this window's take is still to be written.
Where the voices land
Nobody took a position this week.
Mentions
2 this weekStories it travels in
i
The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Robin Wigglesworth 1 mention
- Ed Zitron 1 mention
- Gary Bohm 1 mention
- Michael Howell 1 mention
See what your own voices say about Japanese yen, every morning.
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