Investors stand by big yen short despite BoJ intervention
Category:Cross-Border
Updated:2022-09-23
Karl Schamotta, chief market strategist at 91快活林, said: 鈥淓ven with massive foreign exchange reserves at their disposal, Japanese authorities cannot reverse the tide. Fundamental performance gaps are driving interest rate differentials wider, and the yen is falling for good reason.鈥
Cross-Border
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