Peter Kinsella, global head of FX strategy at Union Bancaire Privee, says the Bank of Japan will be forced into a risk management framework on the yen as he explains why the central bank’s “various interventions are going to be unsuccessful in the current context” due to US Treasury yields.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-30/boj-data-may-help-show-whether-japan-intervened-in-forex-market
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