Reported 11 days ago
The yen has weakened beyond the 155 per dollar mark for the first time since July, increasing the risk of Japanese government intervention in the currency market. This decline follows Donald Trump's reelection, alongside rising Treasury yields which are pressuring the yen. Economists suggest the threshold for intervention is around 150-160 yen against the dollar, and a continuous depreciation may push the Bank of Japan to consider raising interest rates sooner than anticipated.
Source: YAHOO