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Yen Traders Brace for Holiday Intervention Risk Around Bank of Japan
Summary by Business Times
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4 Articles
4 Articles
In the foreign exchange market, the Japanese yen became the most notable phenomenon, surging more than 2% against the US dollar during European trading hours. Japan spent a record amount of money to prop up the yen. The yen plummeted despite tens of billions of dollars in intervention by the US and Japan. The AUD could approach its highest level in three decades against the yen.
The price of spot gold rose to 1.4%, exceeding US$4,440 an ounce, after having increased more than 1% the previous day
·Bogota, Colombia
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Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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