Reported about 1 year ago
The Japanese Yen has been in a state of super depreciation against the US Dollar for nearly three months, with market attention on whether the Bank of Japan will take action to intervene against the Yen at its policy meeting on June 14. Foreign banks analyze that if the Bank of Japan intends to intervene, it may reduce bond purchases, boost Japanese government bond yields, and raise interest rates again, to curb the depreciation trend of the Yen. Details on potential measures and their implications are discussed, considering the impact on inflation, consumption, business profits, exports, and the overall economy of Japan.
Source: YAHOO