Japanese Yen: Intervention risk rises at multi-decade lows – ABN AMRO
ABN AMRO’s Georgette Boele warns that USD/JPY trading near multi-decade highs has heightened the risk of intervention in the Japanese Yen (JPY). She notes markets are long Dollars and extremely short Yen, leaving room for a sharp reversal if sentiment shifts.
ABN AMRO’s Georgette Boele warns that USD/JPY trading near multi-decade highs has heightened the risk of intervention in the Japanese Yen (JPY). She notes markets are long Dollars and extremely short Yen, leaving room for a sharp reversal if sentiment shifts.
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